Louis Simpson, Buffett’s Onetime Stock Picker, Dies at 85

(Bloomberg) — Louis Simpson, who helped pick stocks for famed investor Warren Buffett as part of a financial career that spanned more than 50 years, has died. He was 85.

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He died in Chicago on Jan. 8 following a prolonged illness, according to Northwestern University in Illinois, where he had served as a trustee. He and his wife, Kimberly, were residents of Naples, Florida.

Simpson spent more than three decades selecting equities for Geico, the auto insurer owned by…

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