It is hard to believe that anyone can expect to consistently beat the index by buying large cap stocks. When T&T were hired my expectation was that they would be investing in companies that still had a lot of room for significant growth such as DaVita and DTV (Ted was in these early well before he joined BRK but BRK still enjoyed great returns). I wish that more portfolio manages had been hired along with a cap on how much they would invest.......and of course let them invest their gains.
My guess is Todd and no doubt the stock was purchased at much higher prices than the stock currently trades for. Also the position in T has been sold. When T announced the DTV acquisition both Ted and Todd pumped the deal saying they would be long term investors in T. Both of them are running too much $ and the chances of their beating the index continues to decline. I suspect that Combs, even with BRK bailing him out of PCP, did terrible in 2015.
No details on what BRK's involvement is. My guess is that it would be similar to what they did with Burger King.
Are Todd & Ted basing their stock selections on dividends?
I don't know of anyone who has an "edge" in picking large cap stocks. If Todd Comb's stock picking performance results are ever disclosed I would bet that long-term he does not beat the S&P 500 index. What could possibly save him is if BRK occasionally acquires his laggards at a premium (i.e. PCP). Not at all following the logic as to why the amount of $ he is investing continues to increase.
I think you're scorecard is wrong. Tesco, Irish banks, and the long term performance of USG immediately come to mind. Bottom line is that the days of AXP, Washington Post, and Coke are long gone. Lou Simpson also had a great long-term investment record at BRK but the last few years he was there his returns also sucked.