NEW YORK ( TheStreet) -- On Thursday, the new issue of Vanity Fair hit the newsstands, revealing once and for all who will be the successor to Warren Buffett, CEO of Berkshire Hathaway ( BRK.B) -- and let's face it, CEO of the venerable, though far from AAA-rated, economic institution known as the US of A. I've successfully struggled my way through the 140 perfume swatches, Prada, Louis Vuitton and luxury watch ads that comprise the main editorial content of any issue of VF, and although I feel a bit like a Victorian explorer on a search for El Dorado, with limbs covered in thorns and slashes after a trip through the Amazon -- only in my case, it's paper cuts and noxious perfume scent on my skin -- it was worth it for the long-anticipated Berkshire Hathaway succession secrets that Buffett provided to the publication. I mean, Vanity Fair was granted 11 hours of exclusive interview time with Buffett! That's like the Mega Millions equivalent for the financial media. And while that might make CNBC's Becky Quick suddenly feel like a second fiddle media mouthpiece for Buffett, it has to mean that VF really got the goods on Buffett's succession plan thinking, right? Keep dreaming and smelling perfume swatches. Heck, at least there's always some good -- about 150 or so -- charity event photo op shots of VF editor Graydon Carter, the Olsen twins, a Ralph Lauren offspring or some other designer's daughter, and a Hollywood icon or two, as well as a business tycoon with a fourth wife on the shoulder -- included in every issue so readers who don't learn much about the next Berkshire Hathway CEO do, at least, learn who was wearing Stella McCartney, as well as what they were drinking, and which cause they were drinking to support, and in which bar, coincidentally owned by Graydon Carter. For all the 11 hours that Vanity Fair was granted by arguably the most media-savvy CEO in the land, VF couldn't really shed much new light on life for Berkshire Hathaway after Warren Buffett. All we could find were:
VF trotted out the names of all the top candidates to replace Buffett -- four Berkshire Hathaway subsidiary operating chiefs: David Sokol, Ajit Jain, Matthew Rose and Gregory Abel.
Buffett repeated his stock quote about succession planning, that it's always a top issue at every Berkshire Hathaway board meeting.
Additionally, VF reports -- as has been reported many times before -- that the CEO slot will be divided up into more than one position.
All I can say is that with revelations like these, I hope the 11 hours of interview time at least included a big lunch paid for by Buffett at his favorite Omaha restaurant, Picollo's.