Trade RSA Insurance Group
Berkshire Hathaway () is a U.S. multinational holding company based in Omaha, Nebraska, United States. The company is wholly owned by GEICO, Duracell, Dairy Queen, BNSF, Lobrizole, Fruit Loom, Hillsburg Diamonds, Long & Foster, Flight Safety International, Pampered Chef, Forrest River, And Netgate, and also owns 38.6% of Flying Pilot J. Large minority holdings in public companies Are Kraft Heinz Company (26.7%), American Express (17.6%), Coca-Cola (9.32%), Bank of America (11.65%) and Apple (5.4%). Beginning in 2016, the airline acquired large holdings in major U.S. airlines, United Airlines, Delta Lines, Southwest Airlines and American Airlines, but sold all of its airline holdings in early 2020. Berkshire Hathaway's average annual growth in book value has been 19.0% for its shareholders since 1965 (compared with 9.7% of the S&P 500 with earnings listed for the same period), while using large amounts of capital and minimum debt. The company is renowned for its control and leadership by Warren Buffett, chairman and CEO, and Charlie Munger, one of the company's vice presidents. In the first part of his career at Berkshire, Buffett focused on long-term investments in stock exchange companies, but recently bought entire companies more frequently. Berkshire now owns a variety of companies including confectionery, retail, railways, home furnishings, encyclopedias, And manufacturers of vacuum cleaners, jewelry sales, manufacture and distribution of uniforms, and many regional electrical and gas facilities.