Ads
related to: Wesco FinancialSchedule an Appointment and Get Personalized Banking Help at Our New Columbus Locations. Visit Our New Locations in Columbus for Guidance on Your Banking Needs.
- Find Location and Hours
View the Hours of Operation of a
Financial Center or ATM Near You
- Download The App
Get Convenience and Security
With Mobile Banking. Learn More.
- Find Location and Hours
Learn About Advising With Wells Fargo Advisors. Request a Free Information Package Today! Our Financial Advisors Committed In Providing The Personalized Financial Plan You Deserve
Search results
Wesco Financial Corporation was an American diversified financial corporation headquartered in Pasadena, California. Wesco was originally the holding company for Mutual Savings, a savings and loan association. Mutual Savings' thrift operations were sold to CenFed Bank in 1993. [6] It was for a long time 80.1% owned by Blue Chip Stamps, which is ...
Jul 20, 2021 · By the middle of the 1980s, Wesco was starting to transform into a mini Berkshire. In 1987, the group paid $100 million to join Berkshire in its $700 million fundraising for Solomon Brothers. The ...
wesco financial corporation . letters to shareholders from charles t. munger, chairman, appearing in annual reports for years shown below
Sep 2, 2020 · Wesco Financial Corporation, Annual Shareholder Letters and/or Meeting Notes, 1983-2010. Wesco Financial was officially merged into Berkshire Hathaway in 2011. Q&A sesssion with Charlie Munger July 1st, 2011. An event paid for by Charlie Munger after the Wesco merger. Daily Journal Corporation Annual Meeting Notes and/or Transcript, 2013-2018.
Wesco Financial also held a concentrated equity portfolio of over US$1.5 billion in companies such as Coca-Cola, Wells Fargo, Procter & Gamble, Kraft Foods, US Bancorp, and Goldman Sachs. Munger believed that holding a concentrated number of stocks that he knew extremely well would in the long term produce superior returns.
$45,000 a Share, $1,500 a Share or $264 a Share. Profile of Wesco Financial Corp, which is 80% owned by Warren Buffett's Berkshire Hathaway, and may be of great appeal to investors who like ...
People also ask
Who owns Wesco Financial Corporation?
When did Wesco Financial merge with Berkshire Hathaway?
Where is Wesco based?
What companies does Wesco own?
Feb 7, 2011 · Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) and Wesco Financial Corporation (NYSE Amex:WSC) announced today that they entered into a definitive merger agreement, whereby Berkshire Hathaway will acquire the remaining 19.9% of the shares of Wesco's common stock that it does not presently own in exchange for cash or shares of Berkshire Hathaway Class B common stock, at the election of each ...
Ad
related to: Wesco FinancialSchedule an Appointment and Get Personalized Banking Help at Our New Columbus Locations. Visit Our New Locations in Columbus for Guidance on Your Banking Needs.