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i just thought it was odd that i've never heard of a company that owned, in whole or in part, all those well known companies.
Originally posted by surfup
i just thought it was odd that i've never heard of a company that owned, in whole or in part, all those well known companies.
I don't find anything wrong in that.
Are you trying to say that this is a form of conspiracy or are you saying that this is odd?
Sur
Berkshire Hathaway Inc. is a holding company that owns subsidiaries engaged in both primary insurance and reinsurance of property and casualty risks. The Company also reinsures life and health risks. In primary insurance activities, Berkshire subsidiaries assume defined portions of the risks of loss from persons or organizations that are directly subject to the risks. In reinsurance activities, Berkshire subsidiaries assume defined portions of similar or dissimilar risks that other insurers or reinsurers have subjected themselves to in their own insuring activities. Berkshire's principal insurance businesses are GEICO, General Re, Berkshire Hathaway Reinsurance Group and Berkshire Hathaway Primary Group. Through its other subsidiaries, Berkshire is engaged in a variety of non-insurance businesses, including operations in the apparel, building products, finance and financial products, flight services and retail industries.