Legendary Investor Warren Buffett is widely regarded as one of the greatest investors of all time. It turns out that Berkshire’s investment approach can be learned and repeated, as evidenced by the stunning returns it has produced portfolio manager has generated.

According to a Business Insider Report, citing a Washington Post interview from late 2021, Ted Weschlerinvestment manager at Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B), grew his retirement account from $70,000 to $264 million in less than 30 years with a simple approach.

What you should know: The massive fortune was first revealed in June 2021 when ProPublica got its hands on Weschler’s tax returns. The Berkshire Hathaway portfolio manager then shared with the reporter some details about how he managed to amass the fortune Alan Sloans.

“In a perfect world, nobody would know about this account,” Weschler said Sloan reportedly said in an email.

“But now that the number is out there, I’m confident something good can come of it by serving as a motivator for new hires to start saving and investing early.”

Weschler definitely got an early start and anyone hoping to repeat the feat must do the same.

The report notes that Weschler opened an IRA in 1984 at age 22 and by age 27 had grown his account to $70,384 by maximizing his contributions and doubling them via employer match.

He quit his job as a financial analyst and started his career in private equity. Despite a rocky start with investments in Continental Health and Intelogic, his new role eventually took him to hedge fund manager around the turn of the century.

Related link: You’ll never believe the “stupidest” stock Warren Buffett ever bought

Speaking to Sloan, the portfolio manager noted that any losses are simply “non-monetized lessons.”

Weschler reportedly generated compound annual returns of 22% for more than a decade before joining Buffett’s Berkshire Hathaway in 2012.

He noticed that he…