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Warren buffett 2011 12 09

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Buffet wants son Howie to take over for him at Berkshire.
Billionaire investor blamed slow down on declines in Europe and Asia but US is 'still inching ahead.'
This year's $1 million bid much less than the record $3.5 million recorded last year.
Warren buffett 2011 12 09

Warren Buffett (R) with the president of Japanese firm Tungaloy, Yoshito Uehara (back L), upon his arrival at Tokyo's Haneda airport on Nov. 20, 2011.

YOSHIKAZU TSUNO