Berkshire Hathaway’s Tracy Britt is now seriously considered a possible successor to Warren Buffett, 82-year-old investing phenom. She has a Harvard MBA, is 28 years old and has the office right next to CEO Warren Buffett and Berkshire Hathaway headquarters. We learn this from a report in The Wall Street Journal by Anupreeta Das.
Das tells us that she caught the attention of Warren Buffett during 2009 when she brought a basket of tomatoes in a bushel of corn to their very first meeting. Britt grew up on her family farm, named Britt’s Garden Acres, and they grew over 40 different types of produce.
Originally hired as a financial assistant, Britt has climbed her way to the top of the Berkshire Hathaway food chain, and according to the Wall Street Journal, she is currently one of the most influential women within the company. It’s possible she is even the most influential woman. Neither Britt nor Buffett chose to comment on the story. Plus, we have no confirmation whatsoever that she is in line to be the secret successor of Berkshire.
It is widely known that Warren Buffett is the most successful investor of the 20th century, and Berkshire Hathaway has returned an annual growth of 20% for the past 48 years. It’s possible that many people will not feel the same amount of confidence in a woman under 30 years of age, especially when compared to Warren Buffett himself.
But it is true that Tracy Britt is the current chairman of Larson-Juhl and of Benjamin Moore, both companies being owned by Berkshire Hathaway.
And the rumors are currently growing, stating that the logical successor of Warren Buffett is certainly going to be Tracy Britt.
Britt has not currently acknowledged at this time that she is gunning for the top position in Berkshire Hathaway, but it has always been her intention to work with a great investment from the start of her career:
“I’m happy to say that I have found that wonderful teacher and mentor, and he couldn’t be a better boss. As Warren Buffett’s financial assistant, I am grateful every day for the opportunity to learn from him.”