Berkshire Hathaway Inc. is a multinational conglomerate holding company, renowned for its diversified portfolio of subsidiaries across various industries. Primarily, Berkshire Hathaway's purpose is to manage its ample set of wholly-owned subsidiaries and investments, acting as an umbrella company. The company has significant interests in insurance—most notably through GEICO, General Re, and others—financial services, utilities, manufacturing, retail, and more. It also holds large equity positions in major corporations such as Apple, Coca-Cola, and Bank of America. Founded in 1839 and headquartered in Omaha, Nebraska, Berkshire Hathaway has become synonymous with strategic long-term investing, largely attributed to the stewardship of its chairman and CEO, Warren Buffett. The company's strategic acquisitions and sound investment portfolio make it a formidable force in the business world, contributing to its notable market significance.
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