Berkshire Hathaway is a holding company with operating subsidiaries in multiple sectors, including insurance, rail transportation, utilities and energy, manufacturing, services, and retailing. Its businesses are managed on a decentralized basis, with the parent company focused in part on capital allocation and oversight of operating subsidiaries. The firm’s broad portfolio means this corporate profile does not describe a single wholesale distribution service. Readers should consult Berkshire Hathaway’s annual report and the relevant subsidiary for details about a specific business.
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