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Warren Buffett's deputy has scored a 300% gain on Dillard's in 9 months - and now boasts a $160 million stake

1 month ago   |   By Business Insider

Summary List Placement Warren Buffett made his fortune by investing in unloved, undervalued businesses. Ted Weschler, one of the Berkshire Hathaway CEO's deputies, appears to share that talent - he's quadrupled his money on Dillard's over the past nine months.
Weschler disclosed a personal stake of 6% in Dillard's last October, when the department store's stock price was below $40. Dillard's shares now trade around $160, meaning Weschler's 1.1 million shares have surged in value by more than 300% to north of $160 million.
Dillard's stock has rocketed to record highs this year for several...
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