Lou Simpson retiring from Geico

[valuelu]

Lou Simpson, the Chicago-based investor with such a stellar track record he once was considered the successor to Warren Buffett, is retiring at the end of the year after decades managing Geico's investment portfolio

 

http://www.chicagotribune.com/business/ct-biz-0822-simpson-confidential-20100822,0,2220225.column

[yseric]

does that mean Lou is not going to be one of the three candidates ?

[Zorrofan]

I would guess that's what it means. IIRC Lou is only a few years younger than WEB....

 

cheers

Zorro

[scimonoce]

I tried to separate Lou Simpson's GEICO portfolio from Warren Buffett's portfolio in this article:

 

http://www.gurufocus.com/news.php?id=105286

 

Let me know what you think I got wrong.