Ted Weschler said that he spends a minimum of 500 hours researching a stock before investing in it. If he spends 10 hours/day only on one idea, this is a minimum of 50 days of research. The Goldman stake originated in a $5 billion preferred stock investment at the height of the 2008 financial crisis, in a vote of confidence by Buffett for the Wall Street bank. View the most recent insider trading activity for LSXMA stock at MarketBeat. Which company executives are buying and selling shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) stock? AAPL 322.32 (-0.86%) In 2011, Berkshire's per-share book value was up 4.6 percent, beating the S&P's 2.1 percent gain. Buffett wrote that felt "good about the company's progress," citing the hiring of portfolio managers Todd Combs and Ted Weschler, and big investments in IBM and Bank of America. READ 2011 LETTER (Dated Feb. 25, 2012) Buffett also has portfolio managers Todd Combs and Ted Weschler helping him buy stocks. Combs, 49, on Jan. 1 also became Geico's chief executive. "Charlie and I long ago entered the urgent zone," Buffett wrote. "That's not exactly great news for us. But Berkshire shareholders need not worry: Your company is 100% prepared for our departure."
Between 2010 and 2012, Buffett hired Combs and another hedge-fund manager, Ted Weschler, as investment managers at Berkshire and potential successors to 89-year-old Buffett and his partner, 95
The meeting began several hours after Berkshire reported a record $49.75 billion first-quarter net loss, reflecting huge unrealized losses on common stock holdings such as Bank of America Corp
Buffett also has portfolio managers Todd Combs and Ted Weschler helping him buy stocks. Combs, 49, on Jan. 1 also became Geico's chief executive. "Charlie and I long ago entered the urgent zone," Buffett wrote. "That's not exactly great news for us. But Berkshire shareholders need not worry: Your company is 100% prepared for our departure."
Rolfe is referring to investment lieutenants Todd Combs and Ted Weschler, who each manage about $15 billion of Berkshire's equity portfolio, with Buffett handling the rest. Combs and Weschler have had better records than Buffett. One of them, for instance, took a well-timed stake in Kroger (KR) in 2019. His portfolio managers, Ted Weschler and Todd Combs, were also active in Q4. Based on the size of these moves, we think they can be attributed to them. Kroger (KR): New stake of 18.9 million shares, worth $535 million. That's about 2% in the supermarket company. Kroger shares gained 6.3% after-hours on the news. The in-house investment managers allowed this privilege are Ted Weschler, 51, and Todd Combs, 42. The two currently manage a combined US$10 billion of Berkshire Hathaway's money. If you're into investing, or a Berkshire Hathaway shareholder, you'll want to know more about them and how they invest. W.R. Grace Stock Soars on Hope of Favourable Asbestos Deal 06 May 2002, ICB Americas with Ted Weschler. Complex and arduous, the corporate bankruptcy process is often misunderstood. While the majority of corporate bankruptcies result in stockholders getting the big zero, in certain cases equity value can be retained. Buffett defends Berkshire stock push, reassures on future as profit smashes record. Bank of America Corp
Warren Buffett said Berkshire Hathaway Inc has bought shares of internet retailing giant Amazon.com Inc for the first time, though he has not been the one doing the buying, CNBC reported on Thursday. Buffett said the purchase was made by one of his investment managers, Todd Combs or Ted Weschler, and details would be disclosed later this month in Berkshire's quarterly report of its U.S. stock
How Todd Combs and Ted Weschler Performed in 2014 Jan 07, 2015 New Buffett Manager Gets Higher Taxes and Less ... - DealBook Sep 19, 2011 Though Weschler moved on, the stock recovered and has performed well. With a 26% gain year to date and 33% rise since he announced his stake, it traded around $18.92 Canadian dollars Monday. Optical Cable Optical Cable does not appear in Berkshire's portfolio because Weschler owns it personally.
The investor also noted some of Berkshire's large stock holdings were managed by Todd Combs or Ted Weschler. He said each investment manager controlled more than $12 billion of capital each for
14 Oct 2014 Berkshire's Ted Weschler and Todd Combs are delivering, according to Fortune's analysis. Buffett's stock pickers are beating the market Once we had our best guesses, we went back and double-checked our work with 25 Feb 2020 With stock prices riding high, the Oracle of Omaha has been holding off on big two investment managers, Todd Combs and Ted Weschler. to buy back Berkshire shares if they believe those shares are selling at less than 26 May 2020 These 3 U.S. stocks in Berkshire Hathaway's portfolio are all But it trimmed back elsewhere in the portfolio, "all of which seemed to be more the part of Todd Combs and Ted Weschler to either take some profit off the table 23 Feb 2020 Buffett also has portfolio managers Todd Combs and Ted Weschler helping him buy stocks. Combs, 49, on Jan. 1 also became Geico's chief 12 Sep 2011 Meet Warren Buffett's New Stock Picker: Ted Weschler. By Spin at Work · Next LIVE BLOG: Bank of America Tries to Calm Investors (Again)