I am admittedly late to the stock-market party. However, being retired at a rather early age with a young family, I have now ventured into stocks and bonds. Until now it was solely my own businesses, and commercial and residential real estate - still hold the latter.

Of course this means I missed potential decades of returns in things like Berkshire. However the history, the philosophy, the ethos, the way of doing business and investing is nothing short of admirable and I'm sure there's stronger words than that.

Per my 'plan' - if I can make a long term annualized *nominal* return of 6% on equities - I'd be happy as can be. Frankly, I like businesses I can understand or at least comprehend. Things like soda, insurance, great brands interest me. The latest and greatest in semiconductors or social media - my loss - it's just not my thing.

Enter BRK....past history isn't representative of the future but my goodness, I'd have done a tad better than 6% with BRK over the past decades. Question if some of the BRK long tremors here want to offer an opinion:

What happens after Buffet? Yes, he's trained and worked with a successor or 2. I guess in layman's terms: Dad is going to leave the store. Wally and the Beaver are gonna be in charge. Do we feel they'll continue things the same way? Or will it be "let's go a new direction"? And do you as investors want methods and practices to stay the same or change?

Looking at BRKs business: Honestly, I can't criticize it. Be it recession or prosperity it feels like a good place to be. Just wondering how the future looks if I were to depend on this one for some college expenses, and like I said - long term 6% yearly.

Appreciate any opinions, thanks.