Overview
Description
Berkshire Hathaway Inc. is a multinational conglomerate holding company known for its diverse portfolio spanning numerous industries. Originally a textile manufacturing company, it has evolved into a financial powerhouse, primarily due to the strategic acumen of its chairman and CEO, Warren Buffett. The company's main function is to acquire businesses with strong fundamentals and potential for consistent growth. Berkshire Hathaway has substantial holdings in sectors including insurance, freight rail transportation, energy, and manufacturing. Notable subsidiaries include GEICO, a major player in the insurance industry, BNSF Railway, one of the largest freight rail networks in North America, and a significant energy utility under Berkshire Hathaway Energy. The conglomerate also holds substantial equity stakes in prominent companies like Apple Inc., Coca-Cola, and American Express. In the financial market, Berkshire Hathaway is highly regarded for its disciplined investment strategy and diversified business model, often seen as a barometer of long-term market health and economic stability.
About
CEO
Mr. Warren E. Buffett
Employees
392400
Address
3555 Farnam Street
Omaha, 68131, NE
United States
Omaha, 68131, NE
United States
Phone
402 346 1400
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
Mexico
MIC code
XMEX