CEO of Berkshire Hathaway Inc.
Warren Buffett doesn’t make stock recommendations but he does promote the services of Berkshire Hathaway subsidiaries.
..from A Message From Warren E. Buffett, CEO of Berkshire Hathaway Inc.
You probably know that I don’t make stock recommendations. However, I have three thoughts regarding your personal expenditures that can save you real money. I’m suggesting that you call on the services of three subsidiaries of Berkshire: GEICO, Borsheim’s and Berkshire Hathaway Life Insurance Company of Nebraska (BHLN).
..from Invest Like Warren Buffett
Although this is an excerpt from a recent issue of a premium value investing newsletter, it is a good read and contains some interesting insight into one of the most successful investors of all time.
So where did Berkshire Hathaway, Buffett’s high priced equity come from?
Berkshire Hathaway — a small textile company that Buffett had begun buying seven years earlier (1964 ?) at $8 per share (at the time, the firm had $16.50 per share in working capital). The partnership would eventually become Berkshire’s largest shareholder, and Buffett quickly assumed control of the company — naming himself Chairman