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USA Warren Buffett ends rocky week by announcing heir apparent

As Warren Buffett's public profile took some rare hits, the 'Oracle of Omaha' moved Saturday to shore up Berkshire Hathaway's future by locating a successor.

By Staff writer / February 25, 2012

Shuji Kajiyama/AP

In announcing, though not naming, a successor at Berkshire Hathaway, US billionaire Warren Buffett moved Saturday to shore up concerns about the future of his investment firm amid rare criticisms of a man seen by many as a model baron of industry.