Essay about Berkshire Hathaway, By Warren Buffet

1211 Words Sep 17th, 2015 null Page
Warren Buffett:
Do you enjoy ketchup on a ballpark hotdog? That delicious snack is thanks to Heinz Ketchup Company. Let’s not forget that cold fountain drink made possible by Cornelius Fountain Solutions. And, as you walk back to your seat, you find you can save 15% or more on your car insurance as well. Geico, Heinz, and Cornelius are all sub-companies owned by Berkshire Hathaway, owned and operated under the business mogul net-valued at 66 billion dollars, Warren Buffett. Yet, the list doesn 't stop after the all so recognizable gecko. Berkshire Hathaway today owns 60 other companies from jewelry to home furniture. Today, Berkshire Hathaway is the 6th most profitable company in the world according to Forbes Fortune 500, which leads to the question of who is the man behind this operation, and what can we learn from his expertise and experience?
Berkshire Hathaway, run by Warren Buffet, is described as a holding company, which means it is a company that has ownership of many other businesses in a large variety of sectors. As stated earlier, they are well known for owning companies such as Heinz and Geico, yet the list goes on. For example, Berkshire owns a company named Marmon Holdings, which in essence is just a smaller Berkshire Hathaway. Marmon Holdings owns companies such as Prince Castle (manufacturing refrigeration for corporate food chains) and Cornelius (Beverage dispensing solutions for corporate and local use. You may notice at St. Louis University that all of the…

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