Company description

BRK.B, also known as Berkshire Hathaway, is an American multinational conglomerate holding company founded by Warren Buffett and Charlie Munger in 1839. It is well-known for its successful investment portfolio and diverse range of subsidiary businesses. The company's operations are divided into insurance, railroad, utilities and energy, manufacturing, retail, and services sectors. Its insurance division includes GEICO, one of the largest auto insurers in the US, and its railroad sector is represented by BNSF Railway Company, which operates one of the largest freight railroad networks in North America. BRK.B also owns a number of well-known consumer brands such as Dairy Queen and Duracell, and holds large investments in companies like Apple, Coca-Cola, and American Express. With a strong focus on long-term investments and a conservative approach to business, Berkshire Hathaway has achieved steady and consistent growth over the years. Its ticker symbol, BRK.B, represents the company's Class B common stock, which allows smaller investors to own a part of this renowned conglomerate. Despite having a high stock price, BRK.B remains a popular and highly respected choice among investors due to the company's solid performance and strong leadership.