Castle Point

Berkshire Investors Struggle With the Todd Combs News

After falling precipitously for most of the day on uncertainty about Combs, Berkshire shares recovered somewhat as investors learned more about him. Combs's Castle Point fund was seeded in 2005 by former Goldman Sachs CEO Steven Friedman's Stone Point Capital.

What Warren Buffett Sees in Potential Heir Todd Combs

Why did Buffett tap Combs? Based on Combs's track record, it's clear that he has done well in financial services stocks while limiting risk. Plus, he shares Buffett's approach to investing -- and for writing amusing investor letters.