Todd Combs: The Man Behind Warren Buffett's Investment Empire

Todd Combs is a highly respected investment manager who has worked closely with Warren Buffett, one of the most successful investors in history. He currently serves as the Chief Investment Officer at CBS Corporation.

Combs' journey to becoming a top investment manager began with a degree in economics from Dartmouth College, where he graduated magna cum laude. He later earned an MBA from the University of Chicago Booth School of Business.

Before joining CBS, Combs worked as the Director of Global Equities at GE Capital, where he managed a team of investment professionals and oversaw a portfolio worth billions of dollars.

After graduating college, Combs worked as a financial analyst for the State of Florida Banking, Securities and Finance Division.

Combs then transitioned to the private sector, serving as a pricing analyst at Progressive Insurance from 1996 to 2000.

From 2000 to 2002, he worked as an insurance analyst at Keefe, Bruyette & Woods.

Combs then joined Copper Arch Capital, a hedge fund run by Scott M. Sipprelle, where he worked from 2003 until 2005.

In 2005, with $35 million in seed money from Stone Point Capital, Combs formed Castle Point Capital, a hedge fund where he served as Chief Executive Officer and Director until 2010.

During his tenure at Castle Point Capital, the returns were a cumulative 34%, according to an investor.

In October 2010, Warren Buffett tapped Combs to eventually replace him as the chief investment officer of Berkshire Hathaway.

Combs joined the board of U.S. bank JPMorgan Chase in September 2016, expanding Berkshire's ties in the financial services industry to the top three banks in America.

On December 23, 2019, Combs was announced as the new CEO of GEICO, a subsidiary of Berkshire.

Todd Combs grew up in a small town in New York. He was an avid reader and developed a strong work ethic from a young age.

Combs graduated from the University of Rochester in 1991 with a degree in economics. He went on to earn an MBA from Columbia Business School in 1997.

Todd Combs' education played a significant role in shaping his future career.

After graduating college, Combs became a financial analyst for the State of Florida Banking, Securities and Finance Division.

He later worked as a pricing analyst at Progressive Insurance from 1996 to 2000, and then as an insurance analyst at Keefe, Bruyette & Woods from 2000 to 2002.

Combs' experience in the financial industry continued at Copper Arch Capital, a hedge fund run by Scott M. Sipprelle, where he worked from 2003 until 2005.

In 2005, Combs founded Castle Point Capital with $35 million in seed money from Stone Point Capital, and served as its Chief Executive Officer and Director until 2010.

During his time at Castle Point Capital, the fund's returns were a cumulative 34%, according to an investor.

In a significant move, Buffett tapped Combs to eventually replace him as the chief investment officer of Berkshire Hathaway in 2010.

Combs' career took another turn when he joined the board of U.S. bank JPMorgan Chase in September 2016, expanding Berkshire's ties in the financial services industry to the top three banks in America.

On December 23, 2019, Combs was announced as the new CEO of GEICO, a subsidiary of Berkshire, a role he continues to hold.

Todd Combs, often referred to as Warren Buffett's heir, has been a key player in Berkshire Hathaway's investment decisions.

Todd Combs' career began at Citigroup, where he worked as a financial analyst and eventually became the head of equity research.

Combs' experience at Citigroup laid the groundwork for his future success as a portfolio manager.

He joined Berkshire Hathaway in 2010, initially as a senior investment officer and eventually becoming a portfolio manager.

Combs' investment approach is heavily influenced by Warren Buffett's value investing philosophy.

As a portfolio manager, Combs is responsible for managing a significant portion of Berkshire Hathaway's investment portfolio.

Combs has consistently delivered strong returns on investment, making him a valuable asset to Berkshire Hathaway.

His investment decisions are guided by a combination of fundamental analysis and quantitative models.