BERKSHIRE HATHAWAY
Berkshire Hathaway, headquartered in Omaha, Nebraska, is one of the largest and most diversified conglomerates. Founded in 1839 as a textile manufacturing company, it evolved into a powerhouse under its chairman and CEO, Warren Buffett, often called the “Oracle of Omaha.”
Market Value and Performance
As of 2024, Berkshire Hathaway boasts a market capitalization of $615 billion, making it one of the richest companies globally. Its unique business model involves acquiring and holding a wide range of businesses and investments for the long term.
Core Industries and Holdings
Berkshire Hathaway operates across several industries, including:
- Insurance: Its flagship subsidiaries GEICO and General Re are major players in the insurance sector.
- Finance and Investments: Known for its extensive stock portfolio, the company holds significant shares in corporations such as Apple, Coca-Cola, and Bank of America.
- Utilities and Energy: Through Berkshire Hathaway Energy, it has made strides in renewable energy and utilities.
- Railways: Its acquisition of Burlington Northern Santa Fe (BNSF) Railway marked its entry into transportation.
- Consumer Goods: Ownership includes well-known brands like Duracell and Dairy Queen.
Warren Buffett’s Influence
Warren Buffett’s strategic leadership transformed Berkshire Hathaway from a struggling textile company into a conglomerate with annual revenues exceeding $346 billion. Known for his value-investing principles, Buffett has consistently focused on acquiring companies with strong fundamentals and long-term growth potential.
