Berkshire Hathaway Base CaseBy Mel Duvall | Posted 2003-08-01 Email Print
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Shareholders nearly deify Warren Buffett for the way he manages his diverse holding company, Berkshire Hathaway of Omaha.
Berkshire Hathaway Base Case
Headquarters: 1440 Kiewit Plaza, Omaha, NE 68131
Phone: (402) 346-1400
Business: A collection of companies in businesses as diverse as insurance, underwear, ice cream, bricks, jewelry, flight services and encyclopedias. More than half of revenue is from insurance.
Chairman and CEO: Warren Buffett
Chief information officer: No such position.
Financials in 2002: $42.4 billion in revenue; $4.3 billion profit; EPS $2,795.
Challenge: Buffett has built an empire buying good companies, with great management, at a fair price. Berkshire now must strike megadeals to make any sizable impact on earnings.