Berkshire Hathaway, originally a textile company, has become the investment vehicle for Warren Buffett and his colleague, Charlie Munger. The story of how this Nebraska insurance company has become one of the worlds most successful investment stories through the investment wisdom and astute management of its managers is a fascinating one.
The company is the owner of several successful businesses, including GEICO Insurance, Sees Candy Shops and Blue Chip Stamps. Its acquisition policy of buying a good owner-operated business and getting the owners to stay has also proved successful; for example, the Nebraska Furniture Mart. The company has also very profitable permanent holdings in such brand name companies as Coca Cola and The Washington Post.
Berkshire Hathaway does not pay dividends, although its management has foreshadowed that dividends may be paid in future years. The price of a share in the company in 1982 was $750. As at 20 January 2004, one share is worth $86,200.
Berkshire Hathaway articles at this site
List of Berkshire Hathaway holdings - new - one of our most requested topics, here
is the list of known substantial holdings in companies that Berkshire Hathaway and Warren
Buffett have found worthy of investment.
see also: Warren Buffett