Ted Weschler’s record while running his fund (Peninsula Capital) for the 11 years from 2000 to 2011 is epic. He generated 26% CAGR, turning a $1M investment into ~$13M in just over a decade. When he got hired @ BRK, I pretty obsessively went through all of his old 13Fs and tried to reverse engineer his rationales for the investments he made at the time he made them. I read the old 10Ks and news articles of the firms he invested in to try to learn what was going on at the firm at the time and hopefully learn some lessons.
McDonald's - Crisis and Turnaround of 2002-2003
McDonald's - Crisis and Turnaround of…
McDonald's - Crisis and Turnaround of 2002-2003
Ted Weschler’s record while running his fund (Peninsula Capital) for the 11 years from 2000 to 2011 is epic. He generated 26% CAGR, turning a $1M investment into ~$13M in just over a decade. When he got hired @ BRK, I pretty obsessively went through all of his old 13Fs and tried to reverse engineer his rationales for the investments he made at the time he made them. I read the old 10Ks and news articles of the firms he invested in to try to learn what was going on at the firm at the time and hopefully learn some lessons.