Warren Buffett Turns 85: What He Wants in a Successor

NEW YORK (TheStreet) -- There will never be another Warren Buffett. But there will eventually be another chairman and CEO of Berkshire Hathaway , the one-time hedge fund Buffett has turned into an operating colossus. Who Buffett will pick -- and what he's looking for -- tells us a lot about what's wrong with the rest of Corporate America. Buffett, who will turn 85 on Sunday, has made plain what he wants Berkshire's board to do. His letter to shareholders this year says that he and the board ha...