Buffett Leans on 29-Year-Old Cool to Oversee Problems

Lock
This article is for subscribers only.

When Warren Buffett bought half of a commercial mortgage finance company in 2009, he hired a 25-year-old fresh out of business school to keep tabs on the investment.

Since then, Berkadia Commercial Mortgage LLC has earned back most of the $217 million that his Berkshire Hathaway Inc. spent on the deal. The business also helped propel Tracy Britt Cool’s career.