What is Berkshire Hathaway?
Q: What is Berkshire Hathaway?
A: Berkshire Hathaway is an investment company mostly owned and controlled by Warren Buffett. It owns many different companies, some completely and others in large portions.
Q: How many shareholders does it have?
A: Berkshire Hathaway has 27,000 shareholders.
Q: Who is one of the company's directors?
A: Bill Gates is one of the company's directors.
Q: Where did its name come from?
A: The name Berkshire Hathaway comes from a textile mill that was started in 1839, bought by Buffett in 1964, and closed in 1985.
Q: How much does a single share of "A stock" cost?
A: A single share of "A stock" for Berkshire Hathaway costs over $400,000.
Q: Is there another type of stock available for purchase?
A: Yes, there is also a "B" stock which sells for a small fraction of the "A stock".
Q: When was the textile mill purchased by Buffett? A:The textile mill was purchased by Buffett in 1964.
