Wesco Financial Corporation

E316123

Wesco Financial Corporation was a diversified financial holding company, long controlled and led by Charlie Munger as a Berkshire Hathaway affiliate involved in insurance, investments, and other businesses.

All labels observed (4)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf Berkshire Hathaway subsidiary
financial holding company
public company
acquisitionCompletionDate 2011
affiliateOf Berkshire Hathaway
Blue Chip Stamps (historically)
boardMember Charles T. Munger
linked to: Charlie Munger

directors associated with Berkshire Hathaway
businessModel diversified holding company
CEO Charles T. Munger
linked to: Charlie Munger
chairman Charles T. Munger
linked to: Charlie Munger
controlledBy Charles T. Munger
linked to: Charlie Munger
controllingShareholder Berkshire Hathaway
country United States
countryOfHeadquarters United States
dissolutionMethod merged into Berkshire Hathaway
headquartersLocation Pasadena, California
linked to: Pasadena
historicalRelationship used as an investment vehicle by Charles T. Munger
industry financial services
furniture rental
insurance
investment management
retail
steel service centers
investmentStyle value investing
knownFor close association with Warren E. Buffett
conservative underwriting and investing
ledBy Charles T. Munger
linked to: Charlie Munger
majorShareholder Berkshire Hathaway
notableExecutive Charles T. Munger
linked to: Charlie Munger

Louis A. Simpson
notablePersonAssociated Warren E. Buffett
linked to: Warren Buffett
notableShareholderMeetingLocation Pasadena, California
linked to: Pasadena
owned CORT Business Services
Mutual Savings, a savings and loan association
Precision Steel Warehouse, Inc.
Wesco-Financial Insurance subsidiaries
parentCompany Berkshire Hathaway
regulatoryStatus SEC-registered public company (historically)
relationship served as a smaller counterpart to Berkshire Hathaway
segment industrial
insurance
investment
retail
status defunct
stockExchange New York Stock Exchange
tickerSymbol WSC

How these facts were elicited

Referenced by (10)

Full triples — surface form annotated when it differs from this entity's canonical label.

Charlie Munger boardMemberOf Wesco Financial Corporation
Charlie Munger chairmanOf Wesco Financial Corporation
WSC represents Wesco Financial Corporation
Wesco Financial Corporation subsidiary Wesco-Financial Insurance Company
subject linked to: WSC
linked to: Wesco Financial Corporation
Precision Steel Warehouse, Inc. parentCompany Wesco Financial Corporation
Precision Steel Warehouse, Inc. memberOf Wesco Financial corporate group
linked to: Wesco Financial Corporation
Precision Steel Warehouse, Inc. subsidiaryOf Wesco Financial Corporation
Mutual Savings parentOrganization Wesco Financial Corporation
Mutual Savings partOf Wesco Financial Corporation group
linked to: Wesco Financial Corporation
Mutual Savings associatedWith Wesco Financial Corporation