Coverage of Berkshire Hathaway's 2017 shareholder meeting, including reports leading up to the event as well as live coverage of the meeting on May 6 at Century Link Center in Omaha.
As multicompany, multi-industry conglomerates were coming into and then going out of style in the American free enterprise system, Buffett and Munger gathered companies in dozens of different industries under the umbrella of Berkshire.
“Marmon has never sought the public spotlight,” instead focusing on what its customers need, said David Dees, a Marmon vice president. “While Marmon is a strong, successful, growing organization, we’re not concerned about being a household name.”
Berkshire Hathaway Inc.’s conglomerate organization is a major reason for the long-standing discussion about the company’s future under the next generation of managers.
Grandscape, which will feature apartments, retail and entertainment, is bound to be a success even in these challenged retail waters. Just take it from the second-richest man in the world.
With Warren Buffett’s favorite remaining Omaha restaurant — Gorat’s Steakhouse — booked for the weekend and his other favorite, Piccolo Pete’s, closed, Berkshire Hathaway shareholders are going to have to head elsewhere for dinner this weekend.
Berkies making their annual pilgrimage to witness the Oracle of Omaha are likely also to notice some changes in the city’s landscape. Here’s a sampling of construction projects sure to catch someone’s eye:
The Omaha-based conglomerate, headed by Chairman and Chief Executive Warren Buffett, reported Friday operating income of $3.56 billion, or $2,163 per share, for the quarter, compared with $3.74 billion, or $2,274 per share, in the first quarter of 2016.
Decentralization — pushing autonomy and responsibility downward throughout the business organization — pervades Berkshire. Some would say it is the secret sauce that makes the company tick.
Everyone knows about Dilly Bars, Geico car insurance and Fruit of the Loom briefs. But did you know about these products and services from some of Berkshire Hathaway’s 400-plus companies?
Gunderon’s has put Rolex front-and-center for the weekend. The family-owned business has been a Rolex dealer for 35 years. Owners say the Rolex sets them apart from other jewelery sellers, like Borsheims, which doesn’t offer Rolex.
At a time when electric utilities across the country are retiring or announcing plans to retire coal-burners in droves, Berkshire Hathaway’s NV Energy is no exception.