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Company Profile of Berkshire Hathaway These Unique Resources Tell All 

December 29, 2019 77 views

The Complete Story of Berkshire Hathaway See These Resources For The Whole Story

Berkshire Hathaway: The World’s Biggest Financial Services Company

When you search “Berkshire Hathaway” on Google, it tells you that people also ask “what does Berkshire Hathaway actually do?” Here’s your answer.

Berkshire Hathaway is one of those companies with such a long and rich history that it can be difficult to tell fact from fiction. But every myth has a grain of truth to it, and we can be pretty certain that the company started out as a textile company called the Valley Falls Company in Rhode Island.

The company’s founder, Oliver Chace, had previously worked for Samuel Slater, the man who founded the first successful American textile mill. Chase himself founded his first mill in 1806, and was 70 years old in 1839, when he created the Valley Falls Company.

There’s not too much to say about the first 100 years of the company, other than that Chace had a good innings and lived to the ripe old age of 82. In 1929, the Valley Falls Company merged with the Berkshire Cotton Manufacturing Company and became Berkshire Fine Spinning Associates.

You can probably guess what happened next. In 1955, Berkshire Fine Spinning Associates merged with the Hathaway Manufacturing Company, and the newly formed company was named Berkshire Hathaway.

At the time, the company had fifteen plants and employed 12,000 people, making $120 million every year. But within five years, half of the locations had been closed and a huge number of people had been made redundant.

Enter Warren Buffett, the iconic all-American businessman. He started buying stock in the company, eventually buying enough to take control, but Berkshire Hathaway was struggling and the textile industry was on the wane. That’s why they turned to the insurance industry, although it wasn’t until 1985 that the final textile mill was shut down.

Berkshire Hathaway continued to grow under Buffett’s leadership, mostly by investing in other companies or even buying them out entirely. It’s now recognized as the world’s largest financial services company and the third-largest public company in the world.

Buffett himself has profited substantially too, with a net worth of $86 billion that makes him the third richest person in the world. And yet despite that, he’s not just sitting on his cash and watching it accumulate. Instead, he’s put up cash alongside long-time friend Bill Gates (the second richest person in the world), investing heavily in the Bill and Melinda Gates charitable foundation.

By the end of 2019, Berkshire Hathaway was in possession of $122 billion in cash and cash equivalents, with subsidiaries including the Acme Brick Company, Dairy Queen, Duracell and Fruit of the Loom.

They also have substantial investments in many of the most well-known companies in the world, from Amazon, American Airlines and Apple to Visa, Verisign, and Verizon. In fact, if Berkshire Hathaway invests in a company, it’s a pretty good sign that the company’s going to be a success, which is just one of the many reasons why we’ll be keeping our eyes peeled on the moves that they make in the months and years to come.

The following is a unique collection of resources that offer the complete story of Berkshire Hathaway. Have a look at the sections below for the areas that interest you.

The History of Berkshire Hathaway

A company’s history offers valuable lessons as well as makes a great story. It’s interesting to find out about a company’s original operations, how it has changed over the years and the challenges faced during the startup phase.

Have a look at the selection below to understand more about the history of Berkshire Hathaway.

How Warren Buffett Made Berkshire Hathaway

Berkshire Hathaway | Overview, History, & Facts | Britannica

How Warren Buffett Found Berkshire Hathaway: A 56-Year Love Story | The Motley Fool

Berkshire Hathaway Is History

Berkshire Hathaway – New World Encyclopedia

Berkshire Hathaway Founders

This section focuses on the people who started the company. You can gain insights into their goals, ideas, foresight, and how they started the company.

Many founders have interesting stories and experiences related to starting their business and the challenges they faced, as well as what they did to overcome those challenges.

Have a look at the following resources included in this post related to the founders.

Oliver Chace – Wikipedia

Oliver Chace | Revolvy

Warren Buffett – Company, Education & Life – Biography

Warren Buffett Archive

Warren Buffett

Berkshire Hathaway Executive Team

In the executive section, you’ll find information related to the management of a company. Management decisions are an important role in a company’s success. It’s not luck that makes a company successful, but planning, strategy, and leadership.

Have a look at the selection below for information related to the executives of Berkshire Hathaway.

Executive Officers & Directors-Berkshire Entities

BRK.A | Berkshire Hathaway Inc. Cl A Company Profile & Executives – WSJ

Berkshire Hathaway Corporate Information

Mission Statement of Berkshire Hathaway

Berkshire Hathaway Mission Statement 2019 | Berkshire Hathaway Mission & Vision Analysis

Berkshire Hathaway Mission, Vision & Values | Comparably

Berkshire Hathaway Acquisitions & Subsidiaries

List of assets owned by Berkshire Hathaway – Wikipedia

Berkshire Hathaway Portfolio Tracker

Berkshire Hathaway Ownership And Investors

Top Four Shareholders of Berkshire Hathaway

BRKB – Berkshire Hathaway Inc Shareholders – CNNMoney.com

Berkshire Hathaway Financial Company Information

Berkshire Hathaway Inc. (BRK-A) Income Statement – Yahoo Finance

BRKa.N – Berkshire Hathaway Inc. Profile | Reuters

BRKB – Berkshire Hathaway Inc Financial Results – CNNMoney.com

Berkshire Hathaway Financial Statements 2005-2019 | BRK.B | MacroTrends

Facts about Berkshire Hathaway

In this section, you’ll find facts about the company. I like going through the facts because from a page or two you can learn a lot about the company, and if you find something that’s really interesting, you can dig deeper.

Have a look at the resources below related to Berkshire Hathaway facts.

25 Surprising Facts About Berkshire Hathaway – AOL Finance

20 Fun Facts You Didn’t Know About Berkshire Hathaway

10 Surprising Facts About Warren Buffett’s Company | Inc.com

Interesting Berkshire Hathaway Facts (2019) | By the Numbers

25 Surprising Facts About Berkshire Hathaway | The Motley Fool

Business and Marketing Strategies Used by Berkshire Hathaway

In this section, you’ll find a list of resources that focus on the business and marketing strategies used by Berkshire Hathaway.

With the understanding and proven business and marketing techniques you’ll be able to use the strategies used in this company that can be used as a lesson and applied to another business.

Berkshire Hathaway Business Strategies

A Review of Warren Buffett’s Investing Strategy

The Management of Berkshire Hathaway | Stanford Graduate School of Business

The True Competitive Advantages of Berkshire Hathaway – GuruFocus.com

How Does Berkshire Hathaway Make Money?

How Does Berkshire Hathaway Make Money? | The Motley Fool

How Warren Buffett makes money: Berkshire Hathaway business model – The Financial Express

$128 billion and growing: Warren Buffett’s Berkshire cash puzzle

Berkshire Hathaway Company Culture

Here’s where you can gain an idea about the culture of the company. A company’s culture includes the work environment, company values, expectations, ethics, employee relations and more.

See the resources included in this post for the culture of Berkshire Hathaway.

Berkshire Hathaway Company Culture

The Value of Corporate Culture: The Case of Berkshire Hathaway

What It’s Like to Be Owned by Berkshire Hathaway

How Warren Buffett manages 360,000 Berkshire Hathaway employees

How Does Berkshire Hathaway Treat Its Employees?

Working at Berkshire Hathaway: Employee Reviews about Pay & Benefits | Indeed.com

Warren Buffett Gives His Employees ‘Principles of Behavior’ and Trusts Them to Do the Right Thing – Government Executive

Warren Buffett Pay – Business Insider

Berkshire Hathaway Company Complaints and Lawsuits

Berkshire Hathaway | Violation Tracker

Berkshire Hathaway Is Being Sued for ‘Reverse Ponzi Scheme’ | Fortune

The Lawyers Go After Buffett

Buffett Scandals: Then And Now

Berkshire Hathaway’s Insider-Trading Scandal – The Top 10 Everything of 2011 – TIME

Berkshire Hathaway Failures

Warren Buffett’s failures: 15 investing mistakes he regrets

Warren Buffett’s 15 Biggest Money Mistakes — and What You Can Learn From Them

Warren Buffett’s Biggest Blunder Has Now Cost Him $16 Billion | The Motley Fool

What’s Berkshire Hathaway’s Failure Can Tell Us About Investing – GuruFocus.com

Inside the Success of Berkshire Hathaway

Success can be the result of a small idea that was executed extremely well; at other times, it may be the result of a long-term vision.

It’s interesting to study the success of companies and how people have dealt with managing a company that started off small and grew into a huge success story.

Have a look at the resources I have included in this post related to the success of Berkshire Hathaway.

The Secret Behind Berkshire Hathaway’s Success | The Motley Fool

Warren Buffett knows why Berkshire Hathaway has been a runaway success – Business Insider

The secret of Warren Buffett’s success at Berkshire Hathaway • The Register

Three Underrated Reasons for Berkshire Hathaway’s Success

The key reasons why Berkshire Hathaway is so successful | Shares Magazine

Berkshire Hathaway Articles And Stories of Interest

In this section, you’ll find a mix of articles worth mentioning related to Berkshire Hathaway, including past and present events.

Have a look at what’s included for this post related to Berkshire Hathaway.

Berkshire Hathaway Inc. – The New York Times

Berkshire Hathaway News & Topics – Entrepreneur

Berkshire Hathaway

Books Related to Berkshire Hathaway

Some companies are a huge success story or a miserable failure, with many lessons to learn. Have a look at books people have written for a complete overview.

Books from Amazon Related to Berkshire Hathaway

Google Book Search Related to Berkshire Hathaway

The Latest about Berkshire Hathaway

In this section, you’ll be able to stay up to date on the latest information related to Berkshire Hathaway, including the latest news, Google searches, videos, what people are tweeting, and more.

I recommend spending some time on the news and tweets that can offer up-to-the-minute information about Berkshire Hathaway.

Google Searches

Latest Search Results Related to Berkshire Hathaway

Latest Scholar Search Results Related to Berkshire Hathaway

Latest Image Search Results Related to Berkshire Hathaway

News

Latest News Related to Berkshire Hathaway

Twitter

Tweets Related to Berkshire Hathaway

YouTube

Videos Related to Berkshire Hathaway