* Seeking Berkshire bear for annual meeting panel
* Bear will ask questions along with analyst and investor
March 1 If you dislike Berkshire Hathaway
- really dislike it, enough to put your money where
your mouth is - Warren Buffett would like to hear from you.
Buffett, in his annual letter to Berkshire shareholders on
Friday, said he is looking for a "credentialed bear" on
Berkshire to join a panel of analysts that will question him at
this year's annual meeting in Omaha in May.
Preferably, Buffett wrote, that bear would be short
Berkshire shares, meaning they have borrowed and sold the stock
betting the price will fall.
"Not yet having a bear identified, we would like to hear
from applicants. The only requirement is that you be an
investment professional and negative on Berkshire," Buffett
About 1 percent of the float on Berkshire's widely-held
Class B stock is sold short, according to New York Stock
The analyst panel was a new innovation at Berkshire's 2012
analyst meeting, though in that instance it was comprised of
three sell-side insurance analysts.
This year the panel will have one insurance analyst, Cliff
Gallant of Nomura Securities; one investor, Jonathan Brandt of
Ruane, Cunniff & Goldfarb; and the bear.