This past week has been pretty busy for me, as I attended the Berkshire Hathaway annual meeting last weekend, and the Wesco annual meeting on Wednesday.  Wesco is run by Warren Buffett's partner Charlie Munger.  Whereas the Berkshire meeting has the atmosphere of a very popular circus, the Wesco meeting features about 1% of the attendees of the Berkshire meeting, and it allows for more unfiltered Mungerisms, which makes it well worth the effort.

Last year I took voluminous notes at the Berkshire meeting, and barely shared any of them.  The process felt daunting and I was very busy.  That's no different this year, but I think there is a lot of value in what was communicated, and that value is definitely worth sharing.  Nonetheless, I plan to do this in digestible pieces, which should make it more readable and more feasible for me.

One point about the logistics of the meeting:  beginning last year, the Q&A process alternated between those being asked by three journalists, and those being asked by members of the audience.  The journalists were Carol Loomis, Becky Quick and Andrew Ross Sorkin.  They each receive thousands of questions from the investing public, and whittle them down into broad themes and form specific questions accordingly.  I took notes on most questions asked by the journalists, but not on all questions asked by the audience.  Some just didn't hold much interest for me.  Other questions didn't strike me as worthy of particulary insightful responses.  Consequently, my sharing will be selective.

First up (next post):  Warren Buffet's view of the recent troubles at Goldman Sachs.