Does Munger not own any Wesco stock?

[Guest]

I assumed he owned some, but when I was looking through the sec filings, that doesn't seem to be the case. Is this right?

 

http://www.sec.gov/Archives/edgar/data/105729/000095012310028561/v55249def14a.htm

 

           

 

Charles T. Munger        —          —          13,181          1.1  %        —          —   

 

 

The shares here are BRK.

[Guest]

over a 100 views and no one knows the answer?

[T-bone1]

I think that probably is right. Munger has pretty consistently said that he wouldn't buy Wesco stock and BRK wouldn't take it private because it was overvalued . . . I think BRK is only buying it now to tie up the loose ends

[calonego]

He doesn't own Wesco. His holdings in BRK, which owns Blue Chip, which owns Wesco, are substantial.

It's highly probable that he owned Wesco and Blue Chip personally or through his LP a long time ago (one of his original LPs still exists BTW) and to clean things up swapped the shares and only owns BRK now. Warren likely did the same. I think some of this may be documented somewhere.

 

[Guest]

good ideas, guys. thanks for the input! i wanted to make sure i was reading everything right! :)