After attending the Berkshire Hathaway shareholder ( BRKA )meeting last few years, this year I attended WESCO Financial Corporation ( WSC ) 50 th shareholder meeting instead. WSC is run by Charlie Munger who is also vice-chairman of BRKA . After reading a book on Charlie Munger last year, I am fascinated by the man. He has been one of my heroes for a few years and my admiration for him continues to increase as I learn more from him. WSC shareholder meeting is a very different affair than BRKA shareholder meeting. WSC meeting is brief and to the point, just like Munger :-) Following are my notes from the meeting (note the direct communication style of Munger ): Munger started the meeting with answering the questions he had prepared for himself:-) Q1: How serious is the economic mess? A: It is deadly serious. People are extremely disappointed and you can't tell what happens when people are extremely disappointed. Q2: What caused the economic mess? A: Economics is a Complex ...