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Saturday, December 5, 2009

WESCO Letters to Shareholders from Charles Munger

From 1997 to 2008 Letters to WESCO Shareholder addressed by Charles Munger.
Also, rare interview translated from German from FT German version where he's pointed out in his very direct manner the underlying reasons for current financial crisis:
"If bankers want to have a second pair of alligator shoes, they begin to lie."

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