The Hidden Meaning Behind Buffett’s Hiring: Alice SchroederAlice Schroeder
Sept. 16 (Bloomberg) -- Sometimes the cutesiness of Berkshire Hathaway Inc. is part of its endearing charm. Sometimes it is a minor quirk to be brushed aside. Occasionally, it can mislead, as happened this week when Warren Buffett’s favorite scribe, Carol J. Loomis of Fortune magazine, began her insider’s report on the hiring of 50-year-old Ted Weschler, the founder of Peninsula Capital Advisors LLC, as a Berkshire investment manager. She wrote: “It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did.”
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- 'Gaydar' Shows How Creepy Algorithms Can Get
- Trump, Presidential? Steph Curry Knows Better.
- The NFL Can't Afford to Become a Battleground
- Can We Stop Calling It a 'Muslim Ban' Now?
- In NFL Fight, Trump Embraces Political Correctness
- Dial Down the National Anthem at Sporting Events
- More Sanctions, Fewer Insults Against North Korea