Berkshire Hathaway Inc. (BRK.B) is a multinational conglomerate holding company led by Warren Buffett, one of the most renowned investors in the world. Here's an introduction to BRK.B:
### Overview
- **Founded**: 1839 as a textile manufacturing company, transformed into a holding company in the 1960s.
- **Headquarters**: Omaha, Nebraska, USA.
- **CEO**: Warren Buffett, with Charlie Munger as Vice Chairman.
### Business Model
- **Diverse Holdings**: Owns a wide range of businesses across various sectors, including insurance, utilities, railroads, manufacturing, and retail.
- **Investment Strategy**: Focuses on long-term value investments, acquiring companies with strong fundamentals.
### Key Subsidiaries
- **Geico**: Leading auto insurance provider.
- **BNSF Railway**: Major North American freight rail network.
- **Berkshire Hathaway Energy**: Significant player in the energy sector.
### Financial Performance
- **Market Capitalization**: One of the largest companies by market cap globally.
- **Stock Structure**: Contains two classes of shares: Class A (BRK.A) and Class B (BRK.B), with Class B shares being more accessible to retail investors.
### Investment Philosophy
- **Value Investing**: Emphasizes buying undervalued companies with strong earning potential.
- **Management Quality**: Prefers companies with competent and trustworthy management teams.
### Shareholder Engagement
- **Annual Meeting**: Known as "Woodstock for Capitalists," attracting thousands of investors each year.
- **Transparency**: Provides detailed insights into the company’s strategies and performance.
Berkshire Hathaway continues to be a significant player in the global market, reflecting Buffett's investment acumen and long-term vision.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
