Money and Finance
Eddie Lampert video excerpts from the Sears Holdings Annual Meeting (LINK)
Buffett’s Berkshire Discloses $528.7 Million Verizon Bet (LINK)
Expeditors International 8-K, “Responses to Selected Questions”, is always a good read (LINK)
Ryan Holiday: My Creative Secret: Quantity Over Quality — And Commitments (LINK)
- A Few Good Reasons To Hoard Some Cash Now - By Jason Zweig
The stock market is near record highs. More money came into U.S. stock mutual funds the week of Oct. 23 than during any other week since 2007. Initial public offerings like Twitter are booming. So have you considered keeping more of your assets in cash?...
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- 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,...
- 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...
- 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
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 on its size, said Richard Cook, co-founder of Cook & Bynum Capital Management LLC. The deputies each oversee about $7 billion for Berkshire and have gotten more funds from Buffett since being hired in 2010 and 2011.
Ryan Holiday: My Creative Secret: Quantity Over Quality — And Commitments (LINK)
- A Few Good Reasons To Hoard Some Cash Now - By Jason Zweig
The stock market is near record highs. More money came into U.S. stock mutual funds the week of Oct. 23 than during any other week since 2007. Initial public offerings like Twitter are booming. So have you considered keeping more of your assets in cash?...
- Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
- 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,...
- 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...
- 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,...