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In Berkshire Hathaway's once-a-year shareholder letter dated February 25, 2012, Buffett claimed that his successor as CEO were picked internally although not named publicly. While the intent of this information was to 메이저사이트 bolster confidence while in the Management of a "Buffett-significantly less Berkshire", critics have pointed out that this method of selecting a successor without having a concrete exit method for that sitting down CEO often leaves a company with less long-lasting choices, even though executing little to relaxed shareholder dread.[37]