Ted Weschler’s $40 Million Day

Ted Weschler, one of the big investment managers at Berkshire Hathaway and hired by Warren Buffett to oversee the company portfolio, watched his personal stake in WR Grace & Co., the chemical maker, go up in value by about $40 million. Grace intends to separate its company into two businesses through a tax-free spinoff, according …

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Is Ted Weschler The Next Warren Buffett?

Ted Weschler is already proving his value to Berkshire Hathaway as much more than a stock picker. He has a knack for finding value in distressed companies. Since Ted joined Berkshire Hathaway this past January, the former hedge fund manager, at 51 years old, has already gone above and beyond the call of duty. He’s …

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