Ted Weschler joined Berkshire Hathaway in 2012 to help manage its investments.
Weschler became Berkshire’s second investment manager, working alongside Todd Combs, who had joined in 2010. The appointments helped broaden the company’s investment operation while Warren Buffett remained Berkshire’s leading capital allocator and public face. Weschler was associated with equity investments and other portfolios assigned to him by the company.
Before joining Berkshire, Weschler founded and ran Peninsula Capital Advisors, a hedge fund based in Charlottesville, Virginia. His reputation as an investor grew further after he won two charity-auction lunches with Buffett in 2010 and 2011. The relationship helped lead to his Berkshire appointment.
A frequent mix-up is choosing Todd Combs, who is also a Berkshire investment manager but joined earlier, in 2010. The other listed names—David Einhorn and Bill Ackman—are prominent independent investors, not the Berkshire manager identified by the question. Weschler’s role made him one of the senior investors associated with managing Berkshire’s large equity portfolio.