Warren Buffett’s Succession Triggers Search for His Spiritual Successors
Warren Buffett's step back from Berkshire forces a harder question: which public companies actually run his playbook, and how close do any of them get to the real thing?
Warrior Met Coal Inc specializes in mining and exporting metallurgical coal, a key ingredient for the steel industry, from its two underground mines in Alabama. Its high-quality coal is sought after by blast furnace steel producers across Europe, South America, and Asia. Additionally, the company capitalizes on natural gas extracted during coal production. Founded in 2015 and based in Brookwood, Alabama, Warrior Met Coal plays a crucial role in supporting global steel manufacturing.
Warren Buffett's step back from Berkshire forces a harder question: which public companies actually run his playbook, and how close do any of them get to the real thing?
Long bonds are doing something they have not done in years: pricing real risk. With the 10-year Treasury at 4.67% and the 20- and 30-year already above 5%, capital is rotating out…