Berkshire Hathaway (BRK.A)

One of the best general insurance companies in the country, Berkshire Hathaway Inc. is a large conglomerate with other assets in industries like rail transportation, utilities and energy, manufacturing, services, and retailing. Through organizations like GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, General Re, and National Indemnity Company, Berkshire offers primary insurance as well as reinsurance of property and casualty risks.

American multinational conglomerate holding firm Berkshire Hathaway Inc. has its main office in Omaha, Nebraska. Insurance is its primary line of work and source of funding, and it invests the float (retained premiums) in a diverse range of subsidiaries, equity positions, and other securities. Warren Buffett, the company's chairman and CEO since 1965, and Charlie Munger, the vice chairman since 1978, are noted for their support of value investment ideas. Under their leadership, the company's book value has increased by 20% on average, compared to 10% for the S&P 500 index over the same time period when dividends were taken into account, while using significant amounts of capital and little debt.

Auto insurer GEICO and reinsurance company General Re are two of the corporation's insurance brands. Its non-insurance companies work in a variety of industries, including the distribution of natural gas and electricity, retail, railroads, home furnishings, machinery, jewelry, and clothes. Pilot Flying J (38.6%), Kraft Heinz Company (26.7%), American Express (18.8%), Bank of America (11.9%), The Coca-Cola Company (9.32%), and Apple (5.57%) are a few of the companies it partially owns. Berkshire is the top-ranked firm in the Forbes Global 2000, which considers both market valuation and fundamental information, and it makes up the seventh largest portion of the S&P 500 index. Due to Buffett's decision not to split the stock, its class A shares have the highest price per share of any publicly traded corporation in the world, reaching $500,000 in March 2022.

• Founded: 1839
• Revenue: $253.9 billion (2022)
• Net Income: -$1.3 billion (2022)
• Market Cap: $663.6 billion (2022)
• 1-Year Trailing Total Return: 4.3%
• Exchange: New York Stock Exchange
• Website: https://www.berkshirehathaway.com/