On Valentine's Day, OCC's Investment Story Changed
Ted Weschler filed a 13G/A disclosing a 9.99% ownership of OCC's common stock. This stake is owned by Weschler as an individual, not his employer Berkshire Hathaway.
9.99% represents an increase from the 5.25% ownership that Weschler disclosed on September 24, 2018. I love this photo of Ted Weschler (center):
Imagine Ted Weschler owns 9.99% of your company. Just looking at his left hand, he does not seem to be a status quo guy. Notwithstanding the intensity, I gather Weschler is an honorable guy.
Update on focus