Sunday, September 27, 2009

Berkshire Hathaway

Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a conglomerate company (holding company) is headquartered in Omaha, Nebraska, United States, which has many subsidiary companies. Core business of Berkshire Hathaway is insurance, including property and casualty insurance, special insurance reinsuransi and non-standard. These companies provide annual returns average phenomenal, ie 25% + to its shareholders for the last 25 years, with large amounts of capital and minimal debt. Thousand of U.S. dollars invested in Berkshire in 1957 turned into $ 51,356,000 at the end of 2003.

Company controlled by Warren Buffett, one of the investors the most talked about and the second richest person in America according to Forbes magazine. Initially in Berkshire, Buffett is focused on long-term investments in companies already listed on the Stock Exchange, but now it has turned to buying whole companies. Today, Berkshire has a variety of retail businesses including candy, newspaper publishers, the company housewares retailer, selling encyclopedias, vacuum cleaner sales, manufacturing and distribution of uniforms, retail jewelry, and others.

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