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Ted Weschler is an investment manager at Berkshire Hathaway, where he has managed part of the company's stock portfolio since 2012.
Ted Weschler is an investment manager at Berkshire Hathaway, where he has managed part of the company's stock portfolio since 2012.
Weschler was born in 1962 in Buffalo, New York, and spent much of his childhood in Erie, Pennsylvania. He graduated from the Wharton School of the University of Pennsylvania in 1983 with a bachelor's degree in economics, concentrating in finance and accounting.
He worked for six years at the chemical company W. R. Grace and Company, then from 1989 spent ten years as a partner at Quad-C Management, a private equity firm in Charlottesville, Virginia. In 1999 he founded the hedge fund Peninsula Capital Advisors and was its managing partner; its $2 billion fund returned 1,236 percent before it was closed in 2011.
Weschler was the anonymous top bidder in the 2010 and 2011 charity auctions for a private lunch with Warren Buffett, paying $2,626,311 and then $2,626,411. He joined Berkshire in 2012, a year after Todd Combs became its first investment manager; as of 2019 he managed $13 billion of the equity portfolio and $8 billion in pension funds. Combs left Berkshire for JPMorgan Chase in January 2026. Weschler lives in Charlottesville and spends part of each week in Omaha.
Sources · written 23 October 2026