Ted Weschler has been one of Warren Buffet's biggest admirers.  As of this month, the 50 year old hedge-fund manager will become one of Buffet's newest managers.  Weschler will join the Oracle of Omaha and help him oversee Berkshire's $110 billion in stocks, bonds and other investments. That positions Mr. Weschler, along with 40-year-old Todd Combs, another former hedge-fund manager, as a candidate to take over, some day, a portfolio Mr. Buffett has run with unparalleled success for more than 45 years. Because of the inevitable scrutiny, many leading money managers never even bothered to apply when Mr. Buffett announced in 2007 that he was looking for talented investors with the potential to succeed him as Berkshire's portfolio manager. "There was no chance that any [top fund manager] would take the job," says Bruce Greenwald, a finance professor at Columbia Business School. "They are well-established, their incomes would go down, they would lose autonomy, and they didn't want the invidious comparisons against Buffett's performance. But after donating more than $5 million to win two charity auctions to dine with Mr. Buffett, a job offer came that Mr. Weschler didn't expect—and also couldn't pass up. Mr. Buffett, age 81, announced Mr. Weschler's hiring in September, and he plans to go to work for the firm later this month. Like Mr. Combs, he will be paid a base salary plus a bonus tied to performance versus the S&P 500 stock index.  For more go to [WSJ 1/3/12].