What exactly does Berkshire Hathaway do?
Berkshire Hathaway is a multinational conglomerate holding company headquartered in Omaha, Nebraska. It is one of the largest companies in the world, with a market capitalization of over $500 billion. The company is primarily engaged in the insurance, finance, and investment businesses, but also has a wide range of other investments and operations.
Berkshire Hathaway’s insurance business is its largest and most profitable segment. The company owns several insurance companies, including GEICO, National Indemnity, and General Re. These companies provide a variety of insurance products, including auto, home, life, and health insurance.
Berkshire Hathaway’s finance business includes its investment banking and asset management divisions. The company’s investment banking division provides a variety of services, including mergers and acquisitions, capital raising, and corporate finance advice. Its asset management division manages a variety of investments, including stocks, bonds, and mutual funds.
Berkshire Hathaway also has a wide range of other investments and operations. These include its energy business, which includes its ownership of several energy companies, as well as its ownership of several railroads. The company also owns several media companies, including the Omaha World-Herald newspaper and Business Wire. Additionally, Berkshire Hathaway owns several retail companies, including See’s Candies and Fruit of the Loom.
Overall, Berkshire Hathaway is a diversified holding company that is engaged in a variety of businesses, including insurance, finance, energy, media, and retail. The company is one of the largest and most successful companies in the world, and its success is largely due to its diversified portfolio and its ability to make smart investments.