What exactly does Berkshire Hathaway do?

Berkshire Hathaway is a multinational conglomerate holding company, which means that it owns a diverse portfolio of subsidiary companies across various industries. The company’s core business is investing in other businesses, stocks, and assets with a long-term outlook.

Berkshire Hathaway’s subsidiaries operate in industries such as insurance (GEICO, General Re), energy (MidAmerican Energy), consumer goods (Duracell, See’s Candies), retail (Borsheims Fine Jewelry), transportation (BNSF Railway), and manufacturing (Precision Castparts).

Berkshire Hathaway’s primary source of revenue is generated through its subsidiaries, but it also generates significant income from its investments in publicly traded companies, such as Apple and Coca-Cola. The company’s Chairman and CEO is Warren Buffett, who is widely regarded as one of the most successful investors in history.