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In Berkshire Hathaway's annual shareholder letter dated February 25, 2012, Buffett claimed that his successor as CEO had been decided on internally although not named publicly. Whilst the intent of the information was to bolster 메이저사이트 self-confidence from the Management of a "Buffett-considerably less Berkshire", critics have noted that this approach of selecting a successor without a concrete exit approach with the sitting CEO usually leaves a company with much less long term alternatives, when doing small to serene shareholder anxiety.[37]