Stocks Loved by Buffett's New Fund Manager

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According to Robert Holmes, "Berkshire Hathaway said Monday that Ted Weschler will join the company early in 2012 after he winds down his Peninsula Capital Advisors hedge fund. ... With Weschler winding down his fund, he'll be dumping nearly $2 billion in long positions in several companies that follow the Buffett blueprint: unsexy companies that generate lots of cash. ... The rest of Weschler's portfolio as of June 30 is a collection of consumer-discretionary, financial and telecom companies." Read more here.

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