Subject: Re: Will Todd & Ted stay post Warren?
" Do we really know what Ted/Todd have contributed to Berkshire? Was Ted really the reason Warren bought Apple? We don’t really know what they have contributed behind the scenes. It’s all conjecture."

Ted was a seller of apple when Buffett became an aggressive buyer. Early on Buffett disclosed how T and T were doing managing our money. Once they started to lag the index, Buffett decided to no longer disclose the info. Selective disclosure is never a great idea. All we knew with certainty is that T and T have lagged the index, Buffett will not disclose by how much. I think failure to disclose is always a mistake, just my opinion.