If you thought Munger was on fire at the BRK Annual Meeting, wait until you see the notes from the Wesco meeting. As with the BRK meeting, the following are my hand-typed notes from the Munger love fest that occurred on Wednesday in Pasadena.
Every time I hear him speak, I gain new appreciation for Charles T. Munger. His pragmatism and practical nature resonate with me. He also has a sense of fairness and an appreciation for what is right and what is wrong that makes him very unique. For those of you who were not able to attend the meeting, I hope this 8500 word recap captures some of the wisdom he bestowed on us all.
I hope you enjoy the notes and look out for Value Investing Congress notes to be posted in the coming days.
2010 Wesco Annual Meeting Notes
About the author:
My name is Ben C. and I am 2nd year MBA candidate at the Anderson School of Business at the University of California- Los Angeles. I have a BS in Economics from the Wharton School of Business at the University of Pennsylvania. Before coming to Anderson I worked as a generalist equity research analyst for Right Wall Capital, a long-short equity hedge fund located in New York City. Prior to working at Right Wall I worked as an analyst at Blue Ram Capital, another long-short equity hedge fund located in Rye Brook, NY. This past summer, I worked for West Coast Asset Management as a research analyst. West Coast, which was co-founded by Kinko’s founder Paul Orfalea, is run by well-known value investors Lance Helfert and Atticus Lowe.