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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (1039)	2/11/1999 1:58:00 AM
From: Jurgis Bekepuris	Read Replies (2) of 4690

James and Co, I just discovered to my surprise that Wesco Financial is still public and trading with a symbol WSC. That immediately raised some questions: - What is the exact relationship between Berkshire and Wesco? - If one buys Wesco, what is one buying? - Is Wesco a cheap(er) way to participate in Berkshire or Buffett-Munger expertise, or is it a dead-end company that is not worth looking at? Why when we talk about Buffett-Munger, we never mention WSC? Anyone who has done homework on this one? Sorry, I don't have time to dig right now, so I throw the towel into James's and Michael's yard. :-)))) Thanks a lot Jurgis - reading the OID recap of '98 BRK annual meeting that was just sent to BRK shareholders. :-))))

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