The 1997 to 1999 annual reports available at Wesco Financial show that Charlie Munger calculated intrinsic value for shareholders.
http://seekingalpha.com/article/1330431-intrinsic-value-examples-from-charlie-munger?source=feed
http://seekingalpha.com/article/1330431-intrinsic-value-examples-from-charlie-munger?source=feed
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