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Wikipedia is a free content online encyclopedia written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and the wiki software MediaWiki.Wikipedia is the largest and most-read reference work in history, and is consistently ranked among the ten most visited websites; as of April 2024, it was ranked fourth by Semrush, and seventh by Similarweb.
Ernest Miller Hemingway ( / ˈɜːrnɪst ˈhɛmɪŋweɪ /; July 21, 1899 – July 2, 1961) was an American novelist, short-story writer and journalist. Best known for an economical, understated style that significantly influenced later 20th-century writers, he is often romanticized for his adventurous lifestyle, and outspoken and blunt public image.
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Pre-1965: Textile manufacturer
Berkshire Hathaway traces its roots to a textile manufacturing company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. Chace, who was a carpenter, started working for Samuel Slater, the founder of the first successful textile mill in America. Chace founded his first textile mill in 1806. In 1929, the Valley Falls Company merged with the Berkshire Cotton Manufacturing Company established in 1889, in Adams, Massachusetts. The combined company was k...
1965-present: Berkshire under Buffett
In 1962, Warren Buffett began buying stock in Berkshire Hathaway after noticing it was statistically undervalued. Buffett bought the stock with the idea that as Berkshire closed textile mills and freed capital, there would be a tender offer at some point and they could sell the stock for a profit. Eventually, Buffett acknowledged that the textile business was waning and the company's financial situation was not going to improve. In 1964, Stanton made an oral tender offer to buy back Buffett's...
Berkshire's class A shares sold for $465,725 as of January 5, 2022, making them the highest-priced shares on the New York Stock Exchange, in part because they have never had a stock split and have only paid a dividend once since Warren Buffett took over, retaining corporate earnings on its balance sheet in a manner that is impermissible for mutual ...
Insurance group
Insurance and reinsurancebusiness activities are conducted through approximately 70 domestic and foreign-based insurance companies. 1. GEICO – Berkshire acquired GEICO in January 1996. GEICO is headquartered in Chevy Chase, Maryland, and its principal insurance subsidiaries include; Government Employees Insurance Company, GEICO General Insurance Company, GEICO Indemnity Company, and GEICO Casualty Company. Over the past five years, these companies have offered primarily private passenger auto...
Utilities and energy group
In 2008, Berkshire owned 85 million shares of ConocoPhillips. Later, in one of Buffett's interviews, he described this as "a major mistake" as the price of oil collapsed. Berkshire offloaded most of its shares but held 472 thousand shares until 2012. In that year, ConocoPhillips spun off a subsidiary, Phillips 66, of which Berkshire owned 27 million shares. Berkshire later sold back $1.4 billion worth of shares to Phillips 66 in exchange for Phillips Specialty Products.Buffett frequently refe...
Finance and financial services
In 2003, Berkshire Hathaway acquired Clayton Homes, a maker of modular homes, storage trailers, chassis, intermodal piggyback trailers and domestic containers.Clayton's finance business, (loans to manufactured home owners), earned $206 million down from $526 million in 2007. Loan losses remain 3.6% up from 2.9%.
Business data for Berkshire Hathaway Inc. (Class A):Business data for Berkshire Hathaway Inc. (Class B):Haikyū!!, from the kanji 排球 "volleyball") is a Japanese manga series written and illustrated by Haruichi Furudate. It was serialized in Shueisha 's shōnen manga magazine Weekly Shōnen Jump from February 2012 to July 2020, with its chapters collected in 45 tankōbon volumes.
Anna Sawai [a] (アンナ・サワイ, born June 11, 1992) is a Japanese actress, singer, and dancer. [3] [4] Born in New Zealand, she moved to Japan with her family at age 10. She landed her first acting role at age 11 as the title character in the 2004 Nippon TV production of Annie.
The M142 High Mobility Artillery Rocket System (HIMARS) ( / ˈhaɪmɑːrz /) is a light multiple rocket launcher developed in the late 1990s for the United States Army and mounted on a standard U.S. Army Family of Medium Tactical Vehicles (FMTV) M1140 truck frame.
Mariana Trench. Coordinates: 11°21′N 142°12′E. Location of the Mariana Trench. The Mariana Trench is an oceanic trench located in the western Pacific Ocean, about 200 kilometres (124 mi) east of the Mariana Islands; it is the deepest oceanic trench on Earth.
