Buffett Takeover Reduces Successor’s Need for ‘Amazing Insight’ - Bloomberg.com

Interesting take on Berhshire's takeover of Burlington Northern. I confess I did not consider this at all, but it makes sense. Buffett may be concerned that his successor would be left with a large cash holding that would have to be invested. This purchase, which fits his value investing mantra, effectively does away with the cash in one fast swoop.Buffett Takeover Reduces Successor’s Need for