Berkshire Hathaway Inc Essay - 275 Words

Berkshire Hathaway Inc (Editing Sample) Content: BERKSHIRE HATHAWAY INC.To the Shareholders of Berkshire Hathaway Inc.:Our gain in net worth during 2009 was $21.8 billion, increasing the per-share book value of Class A and B stock by 19.8%. Ità ¢Ã¢â€š ¬s vital that all our owners understand our operations, goals, limitations and culture. In each annual report, we restate the economic principles that guide us.How We Measure OurselvesBy selecting SP 500 as our bogey, our shareholders, can match its performance by holding an index fund. The standard for measuring our yearly progress is using the crude proxy forit: per-share book value.What We Donà ¢Ã¢â€š ¬t DoCharlie and I avoid businesses whose futures we canà ¢Ã¢â€š ¬t evaluate. We also will never become dependent on the kindness of strangers. Thirdly, we will never allow Berkshire to become some monolith. And lastly we make no attempt to woo Wall Street.InsuranceOur property-casualty insurance business has been the engine behind Berkshireà ¢Ã¢â€š ¬s growth and w ill continue to be. Berkshire has the best large insurance operation in the world.Regulated Utility BusinessBerkshire has an 89.5% interest in MidAmerican Energy Holdings, which owns a wide variety of utility operations.Manufacturing, Service and Retailing OperationsOur activities in this part of Berkshire cover the waterfront.Almost all of the many and widely-diverse operations in this sector suffered from 2009à ¢Ã¢â€š ¬s severe recession with McLane being the major exception.Finance and Financial ProductsOur largest operation in this sector is Clayton Homes, the countryà ¢Ã¢â€š ¬s leading producer of modular and manufactured homes. Claytonà ¢Ã¢â€š ¬s homes offer terrific value. We continue to use Berkshireà ¢Ã¢â€š ¬s credit to support Claytonà ¢Ã¢â€š ¬s mortgage program. At the end of 2009, we became a 50% owner of Berkadia Commerc... Berkshire Hathaway Inc Essay - 275 Words Berkshire Hathaway Inc (Editing Sample) Content: BERKSHIRE HATHAWAY INC.To the Shareholders of Berkshire Hathaway Inc.:Our gain in net worth during 2009 was $21.8 billion, increasing the per-share book value of Class A and B stock by 19.8%. Ità ¢Ã¢â€š ¬s vital that all our owners understand our operations, goals, limitations and culture. In each annual report, we restate the economic principles that guide us.How We Measure OurselvesBy selecting SP 500 as our bogey, our shareholders, can match its performance by holding an index fund. The standard for measuring our yearly progress is using the crude proxy forit: per-share book value.What We Donà ¢Ã¢â€š ¬t DoCharlie and I avoid businesses whose futures we canà ¢Ã¢â€š ¬t evaluate. We also will never become dependent on the kindness of strangers. Thirdly, we will never allow Berkshire to become some monolith. And lastly we make no attempt to woo Wall Street.InsuranceOur property-casualty insurance business has been the engine behind Berkshireà ¢Ã¢â€š ¬s growth and w ill continue to be. Berkshire has the best large insurance operation in the world.Regulated Utility BusinessBerkshire has an 89.5% interest in MidAmerican Energy Holdings, which owns a wide variety of utility operations.Manufacturing, Service and Retailing OperationsOur activities in this part of Berkshire cover the waterfront.Almost all of the many and widely-diverse operations in this sector suffered from 2009à ¢Ã¢â€š ¬s severe recession with McLane being the major exception.Finance and Financial ProductsOur largest operation in this sector is Clayton Homes, the countryà ¢Ã¢â€š ¬s leading producer of modular and manufactured homes. Claytonà ¢Ã¢â€š ¬s homes offer terrific value. We continue to use Berkshireà ¢Ã¢â€š ¬s credit to support Claytonà ¢Ã¢â€š ¬s mortgage program. At the end of 2009, we became a 50% owner of Berkadia Commerc...