Berkshire Hathaway
Owns lots of different companies: insurance, trains, energy, candy and more.
📖 Its story
A very long time ago, in 1839, it started as a cotton cloth mill in Rhode Island. In 1965, an investor named Warren Buffett took control and slowly turned it into a company that buys other companies. Today it owns dozens of very different businesses.
💵 How it makes money
With the profits of its companies, especially insurance like GEICO, and with shares of other companies.
🤯 Fun fact
It owns Dairy Queen ice cream, Duracell batteries and the insurance company GEICO.
👍 The good part
Because its businesses are so varied, if one does badly, others can make up for it.
⚠️ The risk
It has to show it still works just as well now that Warren Buffett is no longer its CEO.
🧠 Did you get it?
What did Berkshire Hathaway make when it started?
🗂️ Quick facts
- Founded in: 1839
- Founded by: Oliver Chace (cloth mill); Warren Buffett took control in 1965
- Home: Omaha, Nebraska, USA
🔎 How to find it on the stock market
- Search the internet for BRK.B stock.
- You can also find it in your parents' investing app with the letters BRK.B.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Berkshire Hathaway. Ask your mom or dad to join the list.
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