li lu

Among today's top online investing news: more evidence that there will not be a double-dip recession, why you shouldn't send your kids to college, and is Li Lu really Warren Buffett's likely successor?

A hot topic on Wall Street last week was who would potentially replace the Oracle of Omaha at Berkshire Hathaway when he leaves. The latest candidate? Li Lu, a relatively unknown fund manager whose portfolio has averaged a 24% annual return.