Berkshire Hathaway

Definition

Berkshire Hathaway is a multinational conglomerate holding company headquartered in Omaha, Nebraska, that manages and owns subsidiaries across various sectors including insurance, utilities, rail transportation, manufacturing, and retail. It is known for its long-term investment strategy and is led by Chairman and CEO Warren Buffett, one of the most successful investors of all time.

Related terms

Conglomerate: A corporation that owns a controlling stake in smaller companies of unrelated industries.

Holding Company: A type of business entity that exists purely to own shares in other companies.

Investment Strategy: An investor's plan designed to allocate assets among various types of investments with the goal of meeting specific financial objectives