OMAHA, Neb. (AP) — What will life be like without Warren Buffett?
Berkshire Hathaway shareholders may have gotten a glimpse into that future. Most of Berkshire's deals last year didn't directly involve the 82-year-old investor. They originated with a subsidiary of the conglomerate, or with one of the two investment managers Buffett has hired. Either way, Berkshire did well in 2012.
But Berkshire's recently announced $23.3 billion deal to buy part of H.J. Heinz highlights what shareholders will miss most about Buffett: his connections and judgment.
Buffett's annual letter to shareholders will be released Friday afternoon.
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