Warren Buffett’s insurance and investing conglomerate Berkshire Hathaway is less about Buffett than it ever was. The company used to generate the bulk of its income from Buffett’s investment mastery. But in early 2016, Berkshire completed its $32 billion acquisition of Precision Castparts. That adds to dozens of companies Berkshire now owns from car insurance company Geico, to underwear maker Fruit of the Loom, to railroad giant Burlington Northern. The company also owns, along with private equity firm 3G, a sizable chunk of food giant Kraft Heinz. Berkshire now generates nearly three-quarters of its revenue from its non-financial operating businesses, which is good news. As of late, Buffett’s big stock market investments like IBM and American Express haven’t looked so hot.
News about Berkshire Hathaway
It takes a lot of cherry-picking to make him look bad.
But health care stocks are hot.
Berkshire has held Apple shares since May and Walmart since 2005.
Buffett says it's “pretty damn good.”
Valeant Pharmaceuticals is one of the cheapest stocks on the market.
Videos about Berkshire Hathaway
The Oracle of Omaha spoke at a Clinton rally on Monday night.
It's time to start saving.
Her endorsed her for president, too.
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