Money and Finance
- Links
Eddie Lampert video excerpts from the Sears Holdings Annual Meeting (LINK) Buffett’s Berkshire Discloses $528.7 Million Verizon Bet (LINK) The Verizon investment was probably taken by one of his backup stock pickers, Todd Combs or Ted Weschler, based...
- Investors Earn Handsome Paychecks By Handling Buffett's Business
Found via the Corner of Berkshire & Fairfax. Warren Buffett's decision to hire two investment lieutenants is paying off for Berkshire Hathaway, and it's paying off for the two younger money managers, too. Todd Combs, 42, and Ted Weschler,...
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- Weschler Rise From Grace Leads To Role Advising Buffett
Ted Weschler’s first job after college was at chemical maker W.R. Grace & Co. (GRA) In 2007, six years after the company filed for bankruptcy, his hedge fund held 15 percent of the shares. That’s when he called Joe Rice. Rice, a South Carolina...
- Meet Ted Weschler: Buffett Auction Winner, Berkshire's New Hire - By Carol Loomis
It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did. The details, in all their improbability: Warren Buffett announced this morning that Weschler,...
Money and Finance
A Disciplined and Driven 'Connect-the-Dots' Investor
Two days ago, Richard "Ted" Weschler was a successful but unsung hedge-fund manager in this city of 43,000 people hundreds of miles from Wall Street.
Now, a day after the world learned that Mr. Weschler will be working as one of two investment managers under stock picker extraordinaire Warren Buffett, the 50-year-old investor is a minor financial celebrity.
It is a turn in the limelight that Mr. Weschler hasn't been craving, but he can't easily avoid it now that Mr. Buffett is due to hand him as much as $3 billion in investing authority when Mr. Weschler joins Omaha, Neb.-based Berkshire Hathaway Inc. next year.
- Links
Eddie Lampert video excerpts from the Sears Holdings Annual Meeting (LINK) Buffett’s Berkshire Discloses $528.7 Million Verizon Bet (LINK) The Verizon investment was probably taken by one of his backup stock pickers, Todd Combs or Ted Weschler, based...
- Investors Earn Handsome Paychecks By Handling Buffett's Business
Found via the Corner of Berkshire & Fairfax. Warren Buffett's decision to hire two investment lieutenants is paying off for Berkshire Hathaway, and it's paying off for the two younger money managers, too. Todd Combs, 42, and Ted Weschler,...
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- Weschler Rise From Grace Leads To Role Advising Buffett
Ted Weschler’s first job after college was at chemical maker W.R. Grace & Co. (GRA) In 2007, six years after the company filed for bankruptcy, his hedge fund held 15 percent of the shares. That’s when he called Joe Rice. Rice, a South Carolina...
- Meet Ted Weschler: Buffett Auction Winner, Berkshire's New Hire - By Carol Loomis
It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did. The details, in all their improbability: Warren Buffett announced this morning that Weschler,...