The Companies Warren Buffett Owns Might Surprise You
The more you learn about Warren Buffett, the more impressed you'll likely be. He's best known as the CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and for boosting the company's market value by an average annual rate of about 20% over more than 50 years. To put that in context, the S&P 500 averaged only about 10% over that same half-century. Berkshire Hathaway is now one of America's biggest companies, employing around 372,000 people as of the end of last year.
Berkshire holds stock in many businesses -- recently owning roughly 20% of American Express and about 5.5% of Apple, for example. Buffett far prefers to own all of a great business, though, instead of just a chunk of it. So he has amassed a portfolio of many wholly owned subsidiaries -- some of which might surprise you. Taking a close look at them might even give you some investing insights.
In its most recent annual report, Berkshire Hathaway listed 62 subsidiaries. Here are a few to know about:
Source Fool.com
