A Stock Pick from Warren Buffett’s Stock Picker

Posted by Ted Wäscher for Berkshire Hathaway

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Ted Weschler explains why he likes a particular health-care stock. The Berkshire portfolio manager also lays out at the beginning of the video exactly how he came to choose this stock and what he expects it to do in the next 5 years. Weschler, hired in late 2011 after paying a total of $5.3 million in charity auctions for two meals with Buffett, has been accumulating shares of dialysis company DeVita HealthCare Partners since he came aboard – Money Talks

A stock pick from Warren Buffett’s stock picker

In a rare public appearance, Berkshire portfolio manager Ted Weschler explains why he likes a particular health-care stock.

Warren Buffett isn’t the only person at Berkshire Hathaway making decisions on stocks to buy and sell. In the last few years, he’s brought on two portfolio managers, Todd Combs and Ted Weschler.

Along with Tracy Britt Cool, his financial assistant, they are what he calls his “three Ts.” They generally keep a very low profile.

But Monday, for the first time ever, they joined their boss for a live appearance on CNBC’s “Squawk Box.” View the whole video in which he makes this recommendation HERE

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THE WEEKLY VIEW

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