Beyond insurance, the manufacturing, retail and service group now consists of some 70 companies large and small, all successful in their own arena.
Subsidiary Name----Subsidiary Business
Acme Brick----Face brick and other building materials
Applied Underwriters ----Worker's compensation solutions
Ben Bridge Jeweler----Retail fine jewelry
Benjamin Moore----Architectural and industrial coatings - paint
Berkshire Hathaway Homestates Companies----Specialty property/casualty insurance
Borsheim Fine Jewelry----Retail fine jewelry
Buffalo News----Newspaper
Business Wire----Business news and information services
Central States Indemnity Company----Consumer credit insurance
Clayton Homes----Modular and manufactured homes
CORT Business Services----Rental furniture
CTB, Inc.----Agricultural equipment
Fechheimber Brothers----Safety equipment
Flight Safety International----Training for aircraft and ship operators
Forest River----Towable RVs and trailers
Fruit of the Loom----Textiles
Garan Incorporated----Children's clothing
Gateway Underwriters----Property and casualty insurance
GEICO----Property and casualty insurance
General Re----Reinsurance
H.H.Browne Shoe Co.----Work shoes, boots, casual footwear
Helzberg's Diamond Shops----Retail fine jewelry
Home Services of America----Residential real estate
International Dairy Queen----Licensing and servicing D.Q. stores
Iscar Metalworking Companies----Machine tools
Johns Manville----Insulation, roofing
Jordan's Furniture----Retail home furnishings
Justin Brands----Western boots, hats
Larson-Juhl----Custom picture frames
McClane Company----Food distribution, logistics
Medical Protective----Healthcare provider insurance
MidAmerica Energy----Production, supply, distribution of energy
MiTek Inc.----Engineered building products and services
National Indemnity Co.----Property/casualty insurance
Nebraska Furniture Mart----Retail home furnishings
NetJets----Fractinal jet ownership
The Pampered Chef----Direct marketer, kitchen products
Precision Steel Products----Steel service center
RC Willey Home Furnishings----Retail home furnishings
Scott Fetzer Companies----Subsidiary group includes Kirby Vacuums, Campbell Hausfeld, World Book
See's Candies----Boxed candies, confectionary
Shaw Industries----Flooring, carpet
Star Furniture Company----Retail home furnishings
TTI, Inc----Transportation equipment components
United States Liability Insurance Group----Specialty insurance products
Wesco Financial----Holding company
XTRA Corporation----Transport equipment leasing
What do all Berkshire Hathaway companies have in common?
- They are profitable, safe and solid.
- They are easy to understand with simple business models.
- They produce plenty of cash flow to reinvest.
- They are unique businesses with strong market positions and franchises.
- They have solid, trustworthy management.
- They were bought at reasonable prices.
Also read:
What do all Berkshire Hathaway companies have in common?
Berkshire Hathaway's Acquisition Criteria: Telling it like it is
Take a look at the following set of "acquisition criteria," straight from the 2006 Berkshire Hathaway Annual report. Straight, clear, to the point - and never before have we seen anything like this - including the commentary - in a shareholder report.
Also visit:
The Master: Warren Buffett 9 (9/9)
The Master: Warren Buffett 8
The Master: Warren Buffett 7
The Master: Warren Buffett 6
The Master: Warren Buffett 5
The Master: Warren Buffett 4
The Master: Warren Buffett 3
The Master: Warren Buffett 2
The Master: Warren Buffett 1
No comments:
Post a Comment