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In Berkshire Hathaway's annual shareholder letter dated February 25, 2012, Buffett reported that his successor as CEO had been decided on internally although not named publicly. Although the intent of the information was to bolster self-assurance from the leadership of a "Buffett-a lot less Berkshire", critics have noted that this tactic of selecting a successor with no concrete exit approach with the sitting CEO usually leaves a corporation with fewer long lasting possibilities, 메이저사이트 though performing minor to tranquil shareholder panic.[37]