Ted Weschler: Biography, Career, and Business Insights

Ted Weschler’s Profile Summary

Company	Berkshire Hathaway
Position	Ted Weschler currently holds the position of Investment Manager at Berkshire Hathaway.
Source of wealth	Management and performance fees from Peninsula Capital Advisors. Investment management salary and bonuses from Berkshire Hathaway.
Also known as	Investment expert, philanthropist, political donor.
Age	63
Education	University of Pennsylvania, Wharton School – Bachelor’s Degree in Economics, with concentrations in finance and accounting
Citizenship	United States
Residence	Charlottesville, Virginia, USA
Family	Ted Weschler is married to his wife Sheila, and together they have two daughters.
Website, Social Media	https://www.berkshirehathaway.com/

Ted Weschler’s biography

Ted Weschler is a prominent American investor known for his role as an Investment Manager at Berkshire Hathaway. Born in 1962, Weschler's investment career began after earning a degree in Economics from the Wharton School of the University of Pennsylvania. Prior to joining Berkshire Hathaway, Weschler founded and managed Peninsula Capital Advisors, a private investment firm, where he gained recognition for achieving strong, long-term investment returns. Weschler first attracted the attention of Warren Buffett in a rather unconventional way—by winning two charity auctions to have lunch with Buffett in 2010 and 2011, each with bids of over $2.6 million. This meeting led to his recruitment at Berkshire Hathaway, where he joined as an Investment Manager in 2012. At Berkshire, he shares investment responsibilities with Todd Combs, managing a multi-billion-dollar equity portfolio. Prior to his work with Berkshire, Weschler also had experience with the Baupost Group, a highly respected hedge fund where he honed his investment skills under the mentorship of Seth Klarman. His career is characterized by a deep understanding of value investing, patient capital allocation, and a commitment to long-term growth strategies

How did Ted Weschler make money?

Ted Weschler makes money in the following areas:

Management and performance fees from Peninsula Capital Advisors. Investment management salary and bonuses from Berkshire Hathaway.
What is Ted Weschler net worth?

As of 2025, there is no publicly available and reliable information regarding Ted Weschler’s net worth.

What is Ted Weschler also known as?

In addition to his role at Berkshire Hathaway, Ted Weschler is known for his philanthropic activities and political contributions. He has supported various charitable causes, often through donations made via auctions or private giving. He gained attention by bidding over $5 million in charity auctions for two lunches with Warren Buffett, which eventually led to his hiring at Berkshire Hathaway. He is also involved in his local community in Charlottesville, Virginia, where he is regarded as a notable figure supporting various initiatives

Prominent achievements of Ted Weschler

Joined Berkshire Hathaway as an investment manager in 2012 after impressing Warren Buffett. Successfully grew a Roth IRA account from $70,385 to $131 million over 28 years, demonstrating a 31% annual return rate. Recognized for philanthropic efforts, including joining the Giving Pledge to donate the majority of his wealth. Oversaw significant investments for Berkshire Hathaway, such as large positions in Constellation Energy Group, IBM, and Verizon Communications

What are Ted Weschler’s key insights?

Ted Weschler's investment philosophy centers on finding undervalued companies led by ethical and talented management teams. He believes in patience and discipline, emphasizing long-term holding and thorough analysis. His approach aligns closely with Warren Buffett's, focusing on strong fundamentals, sustainable competitive advantages, and solid management. Weschler also values strategic thinking, likening it to his interest in chess, which helps him refine his problem-solving skills

Ted Weschler’s personal life

Ted Weschler and his wife Sheila live in Charlottesville, Virginia. The couple has two daughters. There is limited publicly available detailed information about his children or extended family due to Weschler's preference for maintaining his private life outside of the spotlight

Useful insights

Understanding market forces

In my experience, to truly succeed as an investor, it’s essential to understand the driving forces behind market behavior. Market movements aren’t random—they’re influenced by a range of economic theories and dynamics. The following books provide valuable insights into these forces, offering a deeper understanding of how global financial markets operate and what shapes their trends.

Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
  Taleb explores the concept of rare, unpredictable events—so-called "Black Swans"—that can have massive impacts on markets and society. These events are often overlooked by traditional risk management models, leading to devastating consequences when they occur. Taleb illustrates how these unpredictable shocks shape our world, often more than gradual, expected changes.
- Why read it:
  
  This book challenges conventional thinking about risk and uncertainty, showing that many major historical and financial events were "Black Swans." It's a vital read for investors who want to build resilience in the face of market volatility.
John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
  Keynes revolutionized economics by focusing on total demand within an economy and its effect on output and inflation. His theory suggested that government intervention could stabilize economic cycles through fiscal and monetary policy. The book also explains the consequences of under-consumption and the role of interest rates in managing economic stability.
- Why read it:
  
  For investors interested in macroeconomic trends and policy impacts, Keynes’ work is essential. Understanding the Keynesian framework can help investors predict how government actions might influence market performance.