
borrowed the dividend policy of Charlie Munger's Wesco Financial ( WSC ). We thought that there would be no better corporate ..... dividend policy did we replicate? First, we took WSC 's average dividend payout ratio of 13% from 1999
By New Low Observer : The chart below says a lot about why Warren Buffett might bother with buying IBM ( IBM), a technology company, when the stock is trading near an all time high. (Click to enlarge) Buffett's latest annual report goes to great length in citing IBM's stock repurchase plan among ...
We recently attended Berkshire's annual meeting and subsequent analyst and press briefing in Omaha, as well as subsidiary Wesco's WSC annual meeting in California; we'll share our reflections in a forthcoming Stock Strategist column.
NEW YORK (Reuters) - Berkshire Hathaway extensively revised documents related to the acquisition of Wesco Financial at the insistence of securities regulators, according to an April letter made public on Friday.
portfolio--the elimination of 5.7 million shares of Wesco Financial and the addition of 2.1 million shares of Verisk Analytics ..... with a grain of salt. Berkshire already owned 80.1% of Wesco Financial , the insurance firm run by Charlie Munger, and agreed
that cash for the two transactions he expected to complete this year--the purchase of the non-controlling interests in Wesco Financial (which required a $543 million cash outlay), and the acquisition of Lubrizol LZ (for approximately $9 billion, which
Narrow 35.23 1.04 Medium 6.2 J&J JNJ 4 Wide 65.69 0.88 Low 4.7 Conoco COP 3 Narrow 72.61 0.99 Medium 4.3 Wesco WSC NA NA 389.68 NA NA 4.1 Wal-Mart WMT 3 Wide 55.29 0.92 Low 3.8 U.S. Banc USB 4 Wide 25.20 0.81 Medium 3.4
Procter & Gamble PG, and Kraft KFT. The one new name in the top 10 is reinsurer Munich Re MUV2 , replacing Wesco Financial WSC , where Berkshire is buying out the portion of the company it did not already own. The other stocks in Buffett
Underground screened for companies that Warren Buffett would buy for Berkshire Hathaway ( BRK.A ), ( BRK.B ) and Wesco ( WSC ) with an eye for retaining a stake in the long-run. These companies are endowed with wide moats and sustainable competitive
NakedValue submits: Wesco ( WSC ) chairman and Berkshire Hathaway's ( BRK.A ) other famed investor Charlie Munger never attended classes taught by Benjamin