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Berkshire Hathaway (BRK.A) (BRK.B) headquartered in Omaha, Nebraska, is one of the world’s most powerful holding companies. Originally a textile manufacturer, it was transformed by Warren Buffett into a massive conglomerate that owns diverse businesses across insurance, railroads, energy, and retail. Its core engine is its insurance group, including GEICO and National Indemnity, which generates "float," a pool of low-cost capital used to acquire iconic subsidiaries like BNSF Railway and Dairy Queen.
Now led by CEO Greg Abel, the firm continues to prioritize long-term intrinsic value, maintaining a legendary $300 billion equity portfolio and a fortress-like balance sheet that defines corporate stability.