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    Insight on Berkshire Hathaway's New Investment Manager

    Tue, 10/26/2010 - 02:00 EDT - Seeking Alpha
    • BRK.A
    • BRK.B
    • CME
    • MA
    • Ravi Nagarajan
    • STT
    • USB
    • WU

    Ravi Nagarajan submits:In a long awaited announcement, Berkshire Hathaway (BRK.A) has named an investment manager to handle a “significant portion” of the company’s investment portfolio. In a press release (pdf) issued Monday, Berkshire announced the appointment of Todd Combs and included a quote from Warren Buffett: Warren E. Buffett, Berkshire’s CEO, commented: “For three years Charlie Munger and I have been looking for someone of Todd’s caliber to handle a significant portion of Berkshire’s investment portfolio. We are delighted that Todd will be joining us.”Complete Story »

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      US billionaire Warren Buffett on Tuesday hinted Berkshire Hathaway's newly appointed investment manager Todd Combs could one day head investments for his massive company.Berkshire announced the appointment on Monday, with Buffett, known as the "Oracle of Omaha" for his investment acumen, saying he had "been looking for someone of Todd?s caliber to handle a significant portion of Berkshire?s investment portfolio."Combs, 39, relatively little known in the US business world, has spent the last five years running Castle Point Capital Management.

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    • Todd Combs's Q3 Acquisitions For Berkshire

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      Billionaire investor Warren Buffett, whose assets this year totaled at $45 billion, on Tuesday hinted that the newly appointed and little-known investment manager Todd Combs — who runs a $400 million Connecticut hedge fund named Castle Point Capital — could one day head investments for Buffett’s massive holding company.

    • Berkshire Hathaway Scores Major Victory With Swiss Re Investment

      Ravi Nagarajan submits:“There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash - and I don ’t want to go back.” - Berkshire Hathaway Vice Chairman Charlie Munger as quoted in Poor Charlie’s Almanack.

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