Berkshire Hathaway is one of the oldest and largest investment corporations in the world. The company was founded by Warren Buffett in the mid-1960s and has since grown to become one of the largest and most valuable public companies in the world. So, today let’s see what companies are owned by Berkshire Hathaway.
Topics Discussed in This Article:
- What does Berkshire Hathaway do
- What does Warren Buffett own
- How to buy Berkshire Hathaway stock
- What companies are owned by Berkshire Hathaway
- How Warren Buffet buy stocks
Berkshire Hathaway is an USA based multinational conglomerate holding company headquartered in Omaha, Nebraska. It owns shares in a range of companies including Coca-Cola, Duracell, Fruit of the Loom and Heinz.
The company employs over 372,000 people and has total assets worth US$991.79 billion as of 2018. Berkshire Hathaway was ranked #1 on the “Fortune 500” list as the most profitable American company in terms of per-share earnings for 2018.
What Does Berkshire Hathaway Do
Berkshire Hathaway was founded in 1889 and has grown to become one of the largest and most powerful companies in the world. The company owns subsidiaries engaged in a number of diverse business activities including insurance and reinsurance, freight rail transport, home furnishings retailing, manufacturing, distribution and convenience store retailing, jewelry retailing and wholesale distribution.
Berkshire Hathaway’s subsidiaries include Fruit of the Loom (its largest division), General Re Corporation (an insurance company), BNSF Railway Company (a railroad transportation company), Helzberg Diamonds (a jewelry manufacturer), Shaw Industries Group (a carpet manufacturer) and Acme Brick Company (a brick.
What Does Warren Buffett Own
Warren Buffet is an American business investor, magnate, and philanthropist. He is also the chairman and CEO of Berkshire Hathaway, a holding company that owns a diverse range of businesses.
Warren Buffet has stakes in many companies like:
- Walgreens Boots Alliance
- Wells Fargo
- Goldman Sachs Group Inc.
- American Express Company and Apple Inc.
Warren Buffet is best known for his long-term investments in stocks, which have helped him become one of the richest men in America. He has also been an outspoken supporter for social equality and has been a vocal critic of US President Donald Trump.
How to Buy Berkshire Hathaway Stock
Berkshire Hathaway is one of the most expensive stock available in the US market. Currently it is trading at the price of $436k. You can easily buy Berkshire Hathaway stock as it is available for all in the open public market.
Just open a broker account online and deposit money. You can buy it’s share with the help of that broker. But one thing you should always remember is that buying stock is not a big deal. You have to regularly monitor your position.
What Companies are Owned by Berkshire Hathaway
Berkshire Hathaway also invests in other companies. The company wholly owns GEICO, BNSF Railway, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, and FlightSafety International. It also owns 38.6% of The Coca-Cola Company (NYSE: KO), 23% of IBM (NYSE: IBM), and large amounts of stock in Apple Inc., Wells Fargo & Co., Bank of America Corporation (BAC), American Express Company (AXP), Goldman Sachs Group Inc., Caterpillar Inc., and Procter & Gamble Company (PG).
Berkshire Hathaway traces its roots to a textile company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. The company renamed as Berkshire Fine Spinning Associates in 1850.
The company had been doing well but wanted to expand its business interests into other areas. So it merged with Hathaway Manufacturing Company of New Bedford, Massachusetts and D.R. Worthington Company of Boston to form Berkshire Fine Spinning Associates which became known as Berkshire Hathaway Incorporated (BHI) in 1929.
How Warren Buffet Buy Stocks
Warren Buffet’s investment strategy is to buy stocks of companies that are undervalued. The companies that has a sustainable competitive advantage, good management, and a consistent operating history.
He has made many successful investments and he has a very good success rate. Here are 3 investment rules of warren buffet.
1: Invest for long-term
2: Diversify your investment portfolio
3: Stick to what you know
He looks for companies whose stock price is below its intrinsic value, which he defines as the discounted value of future cash flows it will generate over time.
What Will Happen to Berkshire Hathaway After Warren Buffet?
Warren Buffet has been the CEO and Chairman of Berkshire Hathaway for over 50 years. He is a legend in the investment world and he has been an inspiration to many people. Warren Buffet is now 92 years old and there are some who say that his successor will be a difficult task to find.
- The company’s board of directors will have to choose a new leader from current senior managers who are already working in the company or they can hire someone outside.
Some think that it could be possible for him to appoint one of his children as his successor, while others think that he may have someone on the board take over the company.
After Warren Buffet leaves, the company will be in good hands as he has groomed many successors to take over his business.
So, this is all about what companies are owned by Berkshire Hathaway. If you have any question about above any topic, please put a comment below. Thank You!
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