Ted Weschler Bio | Wiki
Ted Weschler is a prominent American hedge fund manager. At this present moment, he works as the investment manager at Berkshire Hathaway. Furthermore, Ted is regularly cited as a potential future Chief Investment Officer of Berkshire alongside Todd Combs.
Ted Weschler Age
He was born on May 16, 1962, in Buffalo, New York, United States. Ted is 61 years old.
Ted Weschler Height
He is a man of average stature. Ted stands at a height of 5 ft 8 in ( Approx. 1.73m ).
Ted Weschler Family
He was born in Buffalo, New York, United States to his devoted parents and spent much of his childhood in Erie, Pennsylvania. Due to Ted’s father’s position as an executive of the A&P, the family moved often, largely located in cities throughout the Rust Belt.
Ted Weschler Wife
He is a married man. Ted is blissfully hitched to his loving and caring wife named Sheila. They share a home together and raise their two girls in Charlottesville, Virginia, while he occasionally goes to Omaha, Nebraska for work at Berkshire Hathaway.
Ted Weschler Education
He went to high school in Erie at Cathedral Preparatory School. Furthermore, Ted also holds a 1983 Wharton School of Business degree from the University of Pennsylvania. There, he earned a Bachelor of Arts Degree in Economics with concentrations in Accounting and Finance.
Ted Weschler Portfolio | 13F
He is a deputy for Warren Buffett’s Berkshire Hathaway. Here, Ted has managed $13 billion of the equity portfolio and $8 billion in pension funds as of 2019. Furthermore, he previously ran Peninsula Capital Advisors. There, Ted held on to four of its original 13 positions during that period, and two of his best investments suggest they were not household names.
Moreover, he has also unveiled nine total holdings in their latest 13F filing with the SEC for the portfolio date of 2011-09-30, and the current portfolio value is calculated to be $1.12 billion with a turnover rate of 8%. In the fall of 2021, Ted shared his strategy and some tips for savers during an interview.
Ted Weschler Ira | Roth Ira
He grew an initial Roth IRA account balance of $70,385 into $131 million over the course of 28 years according to a public statement issued by Ted. This growth suggests a 31% yearly return on investment. These rises only occurred through the acquisition of publicly traded shares and are a sign of long-term market superiority.
Todd Combs And Ted Weschler
He joined Warren Buffett at Berkshire Hathaway in 2012. Todd Combs had just become Berkshire’s first investment manager a year prior. Ted managed $13 billion of the equity portfolio and $8 billion in pension funds as of the year 2019. The American multinational conglomerate holding company is headquartered in Omaha, Nebraska, United States. Furthermore, insurance is the chief business and source of capital. Berkshire Hathaway then invests the float (the retained premiums) in a broad portfolio of equity positions and subsidiaries as well as other securities.
Ted Weschler Podcast
He was interviewed with I Am Home podcast hosts Tyler Wisecup, Hilary Woltemath, Becca Sudbeck, and Amy Myers in one of their episodes. In the podcast, they discussed Ted’s thoughts on what makes a house feel like home, how he makes investment decisions, how he met Warren Buffett, and his experience working at Berkshire Hathaway. The podcast is available on Apple Podcasts among others.
Ted Weschler Stock Holdings
At the end of September 2011, the largest holding was a $359 million holding in W. R. Grace & Co. (NYSE:GRA). In the third quarter of 2003, this holding of 10.75 million shares initially emerged in the portfolio. At that time, the specialized chemicals and materials company’s shares were going for about $2.60 each. The stock had reached a share price of about $67 by the third quarter of 2011. DaVita Inc. (NYSE:DVA) was another holding that first featured in the reports in the third quarter of 2003.
Although it would appear it maintained a key holding with at least several million shares constantly showing, it appears the company traded in and out of the position. The company held 4.95 million shares worth $193 million in the fourth quarter of 2003. 3.15 million shares worth $197 million were owned by Peninsula in the third quarter of 2011. The company’s stock price increased during this time from $13 to $35, however, it has since continued to rise. The stock’s compound annual growth rate since the fourth quarter of 2003 is 13.2%.
Ted Weschler Charlottesville | Charlottesville VA
The present address for the acclaimed hedge fund manager is 1341 Chestnut Ridge Farm, Charlottesville, VA.
Ted Weschler Investment Style
He is an American investor who is known for his value investing style. Some of the key principles of Ted’s investment style includes investing in undervalued companies, focusing on businesses with strong fundamentals, emphasizing management quality, considering capital allocation, and being patient.
Ted Weschler Salary
He spawns his monthly earnings working as the current investment manager at Berkshire Hathaway. Ted pockets a salary of $142,236 annually.
Ted Weschler Net Worth
Having been working as an investment manager by profession for a total experience exceeding more than twenty years now, he has managed to garner good affluence in his career thus far. Ted’s net worth is $5.6 Billion.
Who Is Ted Weschler
He is a 61-year-old prominent American hedge fund manager. At this present moment, he works as the present investment manager at Berkshire Hathaway. Furthermore, Ted is regularly cited as a potential future Chief Investment Officer of Berkshire alongside Todd Combs.
How Old Is Ted Weschler
He is 61 years old. Ted was born on May 16, 1962, in Buffalo, New York, United States. Thus, he relishes and commemorates his birthday on May 16 every year.
How Tall Is Ted Weschler
He is a man of average stature who stands at a height of 5 feet 8 inches, approximately 1.73 meters.