At the age of 29, Sherman was recruited by an executive search firm to be chief financial officer for a company owned by the Collier family.
[4] In 1985, he co-founded the wealth-management firm Private Capital Management (PCM) whose initial client was the Collier family.
[7] Sherman remained at the firm's helm and sold two additional companies to Buffett: Shaw Industries in 2001 for $2.1 billion and Garan (the maker of Garanimals) in 2002 for $270 million.
[5][8][9][10] Over the years, some of his successes include investments in Qualcomm Inc, Apple Computer, International Game Technology, Banknorth and Charter One Financial.
"[1] In August 2017, Sherman led a business group, which included former professional sports players Michael Jordan and Derek Jeter, that made a $1.2 billion bid to purchase the Miami Marlins from Jeffrey Loria.