How a Warren Buffett deputy turned his $US70k retirement into $US264m

Ted Weschler’s superannuation outperformed Berkshire Hathaway stock by about 120 to one from 1989 to 2012, and by almost 90 to 1 from 1989 to 2018.

Warren Buffett, who offered Ted Weschler a job after dining with him. AP

Allan Sloan

Sep 3, 2021 – 8.26am

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You can sometimes find fascinating information in footnotes – and that’s where I discovered the amazing investment returns of Ted Weschler, 60, a relatively low-profile money manager based in Charlottesville whose retirement account has outperformed the S&P 500 by hundreds to 1.

Weschler, who operates out of a two-person shop located above a bookstore, has been one of Warren Buffett’s deputies at Berkshire Hathaway since 2012, where he manages billions of Berkshire bucks.

Washington Post