222:
account balance of $ 70,385 into $ 131 million. This increase implies a 31% annual return on investment. Such increases were made exclusively through the purchase of publicly available securities and are indicative of long-term market outperformance.
406:
179:
Weschler was the managing partner of hedge fund
Peninsula Capital Advisors which he founded in 1999. Peninsula's $ 2 billion fund returned 1236% before it was shuttered in 2011.
303:
176:, an American chemical conglomerate. In 1989 he left Grace and for the next ten years was a partner in Quad-C Management, a private equity firm in Charlottesville, Virginia.
499:
142:
560:
545:
384:
550:
459:
210:
joined as
Berkshire's first investment manager. As of 2019, he managed $ 13 billion of the equity portfolio and $ 8 billion in pension funds.
540:
195:. In 2011, Weschler won a second lunch when he upped his bid to $ 2,626,411. His bids were anonymous until publicly announced by
434:
277:
231:
Weschler and his wife, Sheila, live in
Charlottesville, Virginia with their two daughters. He spends part of each week in
153:
535:
253:
161:
157:
60:
173:
332:
555:
484:
188:
530:
218:
According to a public statement issued by
Weschler, over the course of 28 years he grew an initial
64:
203:
138:
122:
118:
86:
75:
49:
362:
196:
164:, earning his bachelor's degree in economics with concentrations in finance and accounting.
232:
192:
129:, he is frequently cited as a potential future Chief Investment Officer of Berkshire.
524:
358:
359:"Meet Ted Weschler, The Guy Who Just Got An Investing Dream Job From Warren Buffett"
137:
Ted
Weschler was born in Buffalo, New York, and spent much of his childhood in
207:
126:
114:
146:
219:
460:"Warren Buffett's deputies are picking stocks that are beating his own"
145:, the family moved often, largely locating in cities throughout the
304:"Investors earn handsome paychecks by handling Buffett's business"
435:"Meet Ted Weschler: Buffett auction winner, Berkshire's new hire"
172:
After graduating from
Wharton, Weschler worked for six years at
187:
In July 2010, at $ 2,626,311, Weschler was the top bidder in a
500:"Berkshire's Weschler, Combs pay tribute to 'terrific town'"
407:"Warren Buffett Deputy Ted Weschler Makes His Mark"
100:
92:
81:
71:
56:
28:
21:
385:"From Lunches With the Sage to Superhero Investor"
141:. Due to his father’s position as an executive of
254:"Tracy Britt Cool, Todd Combs and Ted Weschler"
8:
331:Eder, Steve; Zweig, Jason (3 January 2012).
18:
428:
426:
278:"Ted Weschler: The Next Warren Buffett?"
16:Investment manager at Berkshire Hathaway
244:
383:Brodsky, Matthew (21 September 2011).
156:in Erie. He is a 1983 graduate of the
357:La Roche, Julia (12 September 2011).
333:"Ready to Try On Mr. Buffett's Shoes"
326:
324:
7:
235:for his work at Berkshire Hathaway.
202:In 2012, Weschler joined Buffett at
191:auction to win a private lunch with
113:(born May 16, 1962) is an American
14:
561:Florida State University alumni
546:Columbia Business School alumni
498:Jordon, Steve (29 April 2013).
302:Jordon, Steve (28 April 2013).
458:La Roche, Julia (7 May 2019).
252:staff, CNBC com (2014-10-06).
1:
551:People from Buffalo, New York
411:www.institutionalinvestor.com
154:Cathedral Preparatory School
214:Personal investment returns
152:He attended high school at
117:manager who is the current
577:
162:University of Pennsylvania
158:Wharton School of Business
61:University of Pennsylvania
133:Early life and education
541:American money managers
174:W. R. Grace and Company
85:Investment manager at
189:Glide Memorial Church
199:in September 2011.
536:American investors
504:Omaha World-Herald
387:. Wharton Magazine
308:Omaha World-Herald
204:Berkshire Hathaway
183:Lunch with Buffett
139:Erie, Pennsylvania
123:Berkshire Hathaway
119:investment manager
87:Berkshire Hathaway
76:Investment manager
433:Loomis, Carol J.
108:
107:
50:Buffalo, New York
568:
515:
514:
512:
510:
495:
489:
488:
481:
475:
474:
472:
470:
455:
449:
448:
446:
445:
430:
421:
420:
418:
417:
403:
397:
396:
394:
392:
380:
374:
373:
371:
369:
363:Business Insider
354:
348:
347:
345:
343:
328:
319:
318:
316:
314:
299:
293:
292:
290:
289:
274:
268:
267:
265:
264:
249:
197:Fortune Magazine
46:
42:
40:
19:
576:
575:
571:
570:
569:
567:
566:
565:
521:
520:
519:
518:
508:
506:
497:
496:
492:
485:"DocumentCloud"
483:
482:
478:
468:
466:
457:
456:
452:
443:
441:
432:
431:
424:
415:
413:
405:
404:
400:
390:
388:
382:
381:
377:
367:
365:
356:
355:
351:
341:
339:
330:
329:
322:
312:
310:
301:
300:
296:
287:
285:
276:
275:
271:
262:
260:
251:
250:
246:
241:
233:Omaha, Nebraska
229:
216:
206:, a year after
185:
170:
135:
57:Alma mater
52:
47:
44:
38:
36:
35:
34:
24:
17:
12:
11:
5:
574:
572:
564:
563:
558:
553:
548:
543:
538:
533:
523:
522:
517:
516:
490:
476:
464:Yahoo! Finance
450:
422:
398:
375:
349:
320:
294:
269:
243:
242:
240:
237:
228:
225:
215:
212:
193:Warren Buffett
184:
181:
169:
166:
134:
131:
106:
105:
102:
98:
97:
94:
90:
89:
83:
82:Known for
79:
78:
73:
69:
68:
58:
54:
53:
48:
32:
30:
26:
25:
22:
15:
13:
10:
9:
6:
4:
3:
2:
573:
562:
559:
557:
556:Living people
554:
552:
549:
547:
544:
542:
539:
537:
534:
532:
529:
528:
526:
505:
501:
494:
491:
486:
480:
477:
465:
461:
454:
451:
440:
436:
429:
427:
423:
412:
408:
402:
399:
386:
379:
376:
364:
360:
353:
350:
338:
334:
327:
325:
321:
309:
305:
298:
295:
283:
282:Bloomberg.com
279:
273:
270:
259:
255:
248:
245:
238:
236:
234:
227:Personal life
226:
224:
221:
213:
211:
209:
205:
200:
198:
194:
190:
182:
180:
177:
175:
167:
165:
163:
159:
155:
150:
148:
144:
140:
132:
130:
128:
124:
120:
116:
112:
103:
99:
95:
91:
88:
84:
80:
77:
74:
70:
66:
62:
59:
55:
51:
45:(age 62)
31:
27:
20:
507:. Retrieved
503:
493:
479:
467:. Retrieved
463:
453:
442:. Retrieved
438:
414:. Retrieved
410:
401:
389:. Retrieved
378:
366:. Retrieved
352:
340:. Retrieved
336:
311:. Retrieved
307:
297:
286:. Retrieved
284:. 2012-11-09
281:
272:
261:. Retrieved
257:
247:
230:
217:
201:
186:
178:
171:
151:
136:
125:. Alongside
111:Ted Weschler
110:
109:
43:May 16, 1962
33:Ted Weschler
23:Ted Weschler
531:1971 births
143:the A&P
525:Categories
444:2017-06-04
416:2017-06-04
391:25 January
368:25 January
288:2017-06-04
263:2017-06-04
239:References
208:Todd Combs
127:Todd Combs
115:hedge fund
72:Occupation
39:1962-05-16
147:Rust Belt
220:Roth IRA
101:Children
439:Fortune
337:WSJ.com
160:at the
509:16 May
469:28 May
342:16 May
313:16 May
168:Career
96:Sheila
93:Spouse
511:2019
471:2019
393:2018
370:2018
344:2019
315:2019
258:CNBC
149:.
65:B.S.
29:Born
121:at
527::
502:.
462:.
437:.
425:^
409:.
361:.
335:.
323:^
306:.
280:.
256:.
41:)
513:.
487:.
473:.
447:.
419:.
395:.
372:.
346:.
317:.
291:.
266:.
104:2
67:)
63:(
37:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.