Topic - Berkshire Hathaway

Berkshire Hathaway is a conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of capital, and minimal debt. Berkshire Hathaway stock produced a total return of 76% from 2000-2010 versus a negative 11.3% return for the S&P 500[http://www.gurufocus.com/news.php?id=80400]. - Source: Wikipedia

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In this May 5, 2019, file photo, Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company reported a $2.7 billion loss Saturday, Nov. 5, 2022 as the paper value of its investment portfolio fell during the third quarter, but most of its operating businesses performed well with the notable exception of Geico. (AP Photo/Nati Harnik, File)

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FILE - In this May 5, 2019, file photo, Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's Berkshire Hathaway now controls nearly 20% of Occidental Petroleum's stock after picking up another $250 million worth of shares of the oil producer this week. Buffett has been buying stocks aggressively this year as the market fell, including investing more than $51 billion in the first quarter alone. (AP Photo/Nati Harnik, File)

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FILE - Greg Abel is seen at the CenturyLink Center in Omaha, Neb., in this Saturday, May 5, 2018, file photo. Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report. Buffett confirmed the succession plan to CNBC on Monday, May 3, 2021, after Berkshire Vice Chairman Charlie Munger hinted at the news during the company's annual meeting on Saturday. The 90-year-old Buffett told CNBC that if anything happened to him, Abel would be the one to take the top post. (AP Photo/Nati Harnik, File)

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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett is encouraging investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns. In a letter to his shareholders Saturday, Feb. 27, 2021, Buffett hardly mentioned the coronavirus that ravaged many businesses last year, saying American business will thrive over time despite the pandemic. (AP Photo/Nati Harnik, File)

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Photos

7. BILL GATES Bill Gates, Microsoft co-founder and director at Berkshire Hathaway, smiles during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Sunday, May 5, 2019. (AP Photo/Nati Harnik)

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Quotations

Berkshire said its insurance units recorded after tax losses of $2.7 billion related to Hurricane Ian.

Warren Buffett's firm reports $2.7B loss on investment drop →

Earlier Saturday, Berkshire said its first quarter earnings fell more than 53% on a large swing in the paper value of its investments.

Buffett invests big chunk of Berkshire Hathaway's cash →

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