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Berkshire Hathaway Inc. (BRK.B), headquartered in Omaha, Nebraska, is a diversified holding company that owns businesses across insurance and reinsurance, freight rail transportation, utilities and energy, manufacturing services, and retailing. Valued at $920.31 billion by market cap, the company is chaired by prominent investor Warren Buffett, widely regarded as one of the world’s most successful investors.
The leading investment firm has outperformed the broader market considerably over the past year. BRK.B has gained 18.1% over this time frame, while the S&P 500 Index ($SPX) has risen 15.1%. In 2024, BRK.B stock is up 20.5%, compared to SPX’s 9% returns on a YTD basis.