Legendary investment vehicle of Warren Buffett, Berkshire Hathaway Incorporated is a diversified multi-national company headquartered in Omaha, Nebraska. Berkshire Hathaway Inc owns Dairy Queen, FlightSafety International, GEICO, Lubrizol, BNSF, Fruit of the Loom, NetJets, Helzberg Diamonds and 26% of Kraft Heinz. More recently, Berkshire Hathaway Inc purchased The Free Lance-Star a Virginia newspaper.
Berkshire Hathaway Inc holds significant minority share holdings in The Coca-Cola Company, John Deere, Wells Fargo, Munich Re, Mars Inc, Goldman Sachs, American Express, The Procter & Gamble Company, Wal-Mart, Moody's Corporation, Restaurant Brands International, The Washington Post and IBM among others.
Buffett began purchasing shares in Berkshire Hathaway in 1962 after learning his trade as an investment salesman, securities analyst and stockbroker. Originally a textiles business, Buffett transformed the company into an investment vehicle that now has diverse range of businesses that ironically moved back into clothing manufacturing, distribution and retail of clothing and footwear.
Berkshire Hathaway Inc has phenomenal share price growth under Buffet's leadership, a $1000 invested in Berkshire Hathaway Inc in 1964 would be worth $11.6 million in 2015 according to Business Insider, now that's a return on investment.
No comments:
Post a Comment