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Headquartered in Omaha, Nebraska, Berkshire Hathaway Inc. (BRK.B) is a diversified multinational holding company with a prominent presence across various industries. With a market cap of $1 trillion, Berkshire Hathaway operates a wide range of businesses, including insurance, utilities, manufacturing, and retail, while holding substantial equity investments in leading companies.
Berkshire Hathaway stock has underperformed the broader market over the past year. BRK.B has gained 32% over this time frame, while the S&P 500 Index ($SPX) has risen 32.3%. However, in 2024, BRK.B stock is up 31.1%, compared to SPX’s 24.7% returns on a YTD basis.