Berkshire Hathaway
Warren Buffett’s compounding machine: insurance, energy, railroads and a legendary stock portfolio.
A former textile mill bought by Warren Buffett in 1965, Berkshire Hathaway became the most admired conglomerate in American capitalism: GEICO in insurance, BNSF in rail, a massive Apple stake and dozens of wholly-owned businesses.
Its annual shareholder letter and Omaha general meeting — the Woodstock of capitalism — draw tens of thousands of investors to hear the Oracle of Omaha, whose value discipline has outlived every fashion.