“Ajit (Jain) came to Berkshire in 1986. Very quickly, I realised that we had acquired an extraordinary talent. So I did the logical thing: I wrote (to) his parents in New Delhi and asked if they had another one like him at home. Of course, I knew the answer before writing. There isn’t anyone like Ajit," Warren Buffet, the third richest man according to Forbe's, said recently.
This is not the first time Buffett has been praising Ajit in his annual letters, prompting speculation that Ajit could be the one to succeed him..
Showering praise on Ajit, who handles National Indemnity, Buffett noted that his business is "never the same".
Ajit, 57 now and from Orissa state, has said is that he loves his job. Born in Orissa in 1951, Ajit is an IIT-ian from Kharagpur and graduated in 1972 with a bachelor’s degree in mechanical engineering.
Ajit’s batch mates and others who knew him during the IIT days recollected that Ajit was not very serious in studies but showed more interest in economics and sociology.
From 1973 for three years, Ajit worked for IBM in India before leaving for the US to get his MBA degree from Harvard University and worked for McKinsey & Co for sometime before returning to India in early 1980s to get married
In this pic he is seen with Buffet.
