Todd Combs Bio | Wiki
Todd Combs is a famous American former hedge fund manager who is currently the investment manager at Berkshire Hathaway. He has been the CEO of GEICO since January 2020. He is also cited as a potential successor of Warren Buffett as the CEO of Berkshire alongside Ted Weschler. Additionally, he was appointed a board member of JPMorgan Chase in 2016.
Todd Combs Age
He was born in Sarasota, Florida, in the United States on January 27, 1971. Combs is 52 years old and celebrates his birthday every year on January 27.
Todd Combs Height
He is a man of average stature. Combs stands at a height of 5 ft 8 in ( approx. 1.73m ).
Todd Combs Family
He was born in Sarasota, Florida, in the USA to his loving parents. Combs holds American nationality. He is the son of his parents Anthony Combs, his father, and Mrs. Combs, his mother.
Todd Combs Wife
He married his loving wife, the former April Raffield whom he met at Florida State University. Combs and his wife are proud parents of three kids. Moreover, he resides in Darien, CT along with his wife and children.
Todd Combs Education | Columbia
He received his high school diploma from Riverview High School. Combs then enrolled at Florida State University where he graduated with degrees in finance and multinational business operations in 1993. He later studied at Columbia Business School in New York City, graduating in 2002.
Todd Combs Interview | I Am Home
On May 4, 2023, he appeared in an interview on the I Am Home Podcast where he explained why 99% of the analysis he does with Warren Buffett is qualitative. The full interview is available at acquirersmultiple.com.
Todd Combs House
He resides in Darien, CT along with his family. However, he has not shared details of his house to the public. Combs likes to keep a low profile regarding his lifestyle.
Todd Combs Castle Point
Combs formed Castle Point Capital with $35 million in seed money from Stone Point Capital in 2005. The firm now manages $4400 million in assets. The fund has also had strong relative performance during extremely challenging times in the financial services sector, outperforming its benchmark by roughly 80% in 2005.
Todd Combs Charlie Munger
Charlie Munger and Combs had a conversation in April 2022 for the 2022 Singleton Prize for CEO Excellence. Munger recounted one of his last conversations with CEO Henry Singleton who tried to sell Teledyne to Berkshire.
Todd Combs Mauboussin
He was a guest speaker at Graham & Dodd Annual Breakfast 2022 moderated by Michael Mauboussin. In the show, he provided his insight on defining a “good business,” the longevity of these businesses, and the accuracy of financial statements, as well as a unit cost-centered valuation approach. He began the discussion by equating it to Einstein’s theory of intelligence.
Todd Combs Geico | Running Geico | Geico Email Adress
Since January 2020, Combs has been working as the CEO of GEICO, which is a private American auto insurance company. He was announced as the new CEO of GEICO, a subsidiary of Berkshire on December 23, 2019. The firm has its headquarters in Chevy Chase, Maryland. It was founded by Leo Goodwin Sr. and his wife Lillian Goodwin in 1936 to sell auto insurance to federal government employees.
Todd Combs and Ted Weschler
Combs and Ted Weschler run about 10% of Berkshire Hathaway’s $350 billion equity portfolio as investment managers. He is also cited as a potential successor of Warren Buffett as the CEO of Berkshire alongside Ted Weschler. Ted joined Buffett at Berkshire Hathaway in 2012, a year after Todd Combs joined as Berkshire’s first investment manager.
Todd Combs Portfolio | Investments | 13f
Combs and Ted Weschler run about 10% of Berkshire Hathaway’s $350 billion equity portfolio. However, he has not stated any details on the company’s portfolios as well as the various holdings that the firm has shares on.
Todd Combs Berkshire | Berkshire Hathaway
He serves as the current investment manager at Berkshire Hathaway. The Wall Street Journal reported in October 2010 that Buffett had tapped Combs to eventually replace him as the chief investment officer of Berkshire Hathaway. Moreover, he joined the board of U.S. bank JPMorgan Chase in September 2016.
Upon graduating, he became a financial analyst for the State of Florida Banking, Securities, and Finance Division. He then served as a pricing analyst at Progressive Insurance from 1996 to 2000 and an insurance analyst at Keefe, Bruyette & Woods from 2000 to 2002. Combs worked at Copper Arch Capital, a hedge fund run by Scott M. Sipprelle from 2003 to 2005.
Furthermore, with $35 million in seed money from Stone Point Capital, Combs formed Castle Point Capital in 2005. He worked as CEO and Director of the Greenwich, Connecticut, based hedge fund until 2010. During his tenure, the returns were a cumulative 34%, according to an investor.
Todd Combs Salary | Geico Salary
Combs has been working as the CEO of GEICO since January 2020 and as one of the executives, he receives a base salary and the bonus is $236,153, or $113 per hour, and $652,000 annually.
Todd Combs Net Worth
Combs is currently the investment manager at Berkshire Hathaway and CEO at Geico and from his career, he has attained decent fortune. His net worth is $15 Million.
How Much Money Does Todd Combs Make
He earns a base salary and bonus is $236,153, or $113 per hour, and $652,000 annually as CEO of GEICO.
How Old Is Todd Combs
Combs is 52 years old born in Sarasota, Florida, in the United States on January 27, 1971
Who Is Todd Combs
Combs is a 52-year-old American former hedge fund manager who is currently the investment manager at Berkshire Hathaway. He has been the CEO of GEICO since January 2020. He is also cited as a potential successor of Warren Buffett as the CEO of Berkshire alongside Ted Weschler. Additionally, he was appointed a board member of JPMorgan Chase in 2016.