Author Topic: New Manager  (Read 4798 times)

zarley

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Re: New Manager
« Reply #10 on: September 13, 2011, 09:41:03 AM »
Bloomberg story on Ted Weschler:

http://www.bloomberg.com/news/2011-09-13/buffett-s-new-hire-weschler-is-marathoner-whose-bofa-bet-beat-berkshire.html

I don't know anything about his house, but this part sounded like pure Buffett.

Quote
The hedge fund is run in a three-person office, with Weschler assisted by an analyst and an office manager, a person familiar with the business said. It is based in an office above a bookstore in downtown Charlottesville.

My initial/gut reaction to this hire is much more positive than the Combs hire.


seshnath

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Re: New Manager
« Reply #11 on: September 14, 2011, 03:46:19 AM »
Sesnath scroll down to the bottom of the page where you can view an "aerial" image of the property. It may even be larger than 30,000 square feet. I don't think many billionaires have houses as big as Mr. Weschler.

Well, it is not 30k according to the Albemarle County. 

Here's the assessment info:-

Infrastructure Improvements
      Copper Gutters .....2624 SQUARE FEET
      Well / Septic .....1 TOTAL VALUE
      Wet Bar .....1 EACH
      No Service - Jurisdictional Area Designation
Primary Building Additions
      Garage, Attached Brick.....608 sq ft
      Porch, Bluestone Floor.....1267 sq ft
Outbuilding Improvements
      Shed, Equipment.....160 sq ft
      Living Area Over Outbuilding.....1,000 sq ft
      Porch,Outbuilding.....300 sq ft
      Garage-Detached Brick.....1,000 sq ft
Primary Building Details
Comm. Section       N/A
Card Level Use Code       Single Family
Year Built       1890
Year Remodeled       2007
Condition       Good
Grade       A+14
Number of Stories       1
Story Height (ft)       N/A
House Type       1 Story
Finished Sq. Ft.       3,224
Basement Type       Furnace Room
Basement Garage Doors       0
Bsmt Fin. Sq. Ft.       0
Bsmt Tot. Sq. Ft.       0
Attic Type       N/A
Attic Tot. Sq. Ft.       0
Roof Material       Slate
Heating       Heat Pump
Cooling       Central Air
Fireplace(s)       3
Fireplace Type       Brick
Wall Framing       Wood Joists
Exterior Covering       Solid Brick
Bedrooms       1
Dining Rooms       1
Family Rooms       1
Full Baths       2
Half Baths       0
Total Room Count       8
(Every unit assumed to have kitchen and living room. Bathrooms are not included in total room count.)

If you are interested, there is also a sketch as of Aug 2011. 
http://gisweb.albemarle.org/GISWeb/ShowImage.ashx?t=s&f=S0000059\S0029128

And also, there is a photo of the finished building in the same site.

seshnath

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Re: New Manager
« Reply #12 on: September 14, 2011, 03:53:13 AM »
can someone post the wsj article "Berkshire's New Hire Bears Shades of Buffett"
it wasnt in the paper journal today, only online.

Here you go:-

http://professional.wsj.com/article_email/SB10001424053111904265504576566933743013152-lMyQjAxMTAxMDEwMzExNDMyWj.html