Berkshire Hathaway


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Berkshire Hathaway

A company that holds a wide variety of investments for shareholders. It was founded in 1839 as a textile manufacturing company. In 1962, Warren Buffett began buying its shares and eventually took a controlling stake in the company. Buffett expanded Berkshire Hathaway into insurance and used the proceeds to finance other investments. Buffett used the value investing philosophy in picking Berkshire's investments, which in general have been highly profitable. For example, these investments returned 76% to shareholders between 2000 and 2010. It often is held up as a primary example of the success of value investing.
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Munger plans to hold an "Afternoon with Charlie" in Pasadena, California sometime within a few weeks after the merger to give Berkshire Hathaway and former Wesco shareholders a chance to ask him questions about business, economics and life (but not about Wesco).
This combination of online reading assignments and a live two-day weekend crash course has proven to be a superior method of preparing students to pass the state salesperson examination," said Sam Guillen, Director of Training for Berkshire Hathaway HomeServices California Properties.
Berkshire Hathaway HomeServices Michigan Real Estate and sister companies Northern Indiana Real Estate and Tomie Raines Realtors serve two states with 46 offices and 800 agents covering Michigan's greater Grand Rapids, Kalamazoo and Lansing markets.
The move by Berkshire Hathaway follows its $142 million purchase in June of the newspaper division of Media General, which includes the Winston-Salem Journal, Eden News, The Reidsville Review and the Danville Register & Bee.
But on Wednesday alone, Berkshire Hathaway made $147 million in paper profits on its more than 21 million Salomon shares when Travelers said it would pay the equivalent of $78.
The investigation concerns whether the Wesco Board of Directors breached their fiduciary duties to Wesco stockholders by failing to adequately shop the Company before entering into this transaction and whether Berkshire Hathaway is underpaying for Wesco shares, thus unlawfully harming Wesco stockholders.
Berkshire Hathaway HomeServices also launched a banner advertising campaign on Juwai.
Agents will also receive training on Berkshire Hathaway HomeServices' Global Network Platform, a suite of online real estate tools, services and apps.
Blue Chip was bought by Berkshire Hathaway in 1983 for about $154 million.
The Chairman's Circle Diamond designation is presented to the top one-half of 1 percent of agents in Berkshire Hathaway HomeServices' national network of sales professionals, based on closed transactions.
Stephen Burke, President of Comcast Cable Communications, has been elected to the Board of Directors of Berkshire Hathaway.
28 July 2014 - US Berkshire Hathaway Energy, a unit of Berkshire Hathaway Inc (NYSE:BRK.

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