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Berkshire Hathaway (BRK-B, BRK-A), founded in 1839 as a textile manufacturer, is now the ninth-largest company globally by market cap, exceeding $1 trillion. Berkshire Hathaway Chairman and CEO Warren Buffett began investing in the company in 1962 and took control in 1965.
The company offers Class A and B shares, with Class A shares priced above $700,000. Buffett, who holds 37% of the company, is the ninth-richest person with nearly $150 billion in net worth, according to Bloomberg's Billionaires Index.
The legendary investment firm released its latest earnings results over the weekend alongside Buffett's annual letter to shareholders. Catch up on how Berkshire Hathaway has been adjusting its investment portfolio in recent months, including the firm's five biggest holdings.
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This post was written by Josh Lynch