Berkshire
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Title: Berkshire

Essay Details:

Subject: Business
Author: Charles B
Date: December 23, 2016
Level: University
Grade: A
Length: 5 / 1236

Essay text:

However, only 19 employees work at home office located in Omaha. One of the companies that Berkshire Hathaway holds is GIECO (Government Employees Insurance Company). In 1994, GIECO was wholly owned by Berkshire Hathaway. Its market share was increased from 2.7 percent to 4.1 percent with additional $590 million in cash from operating earnings in spite of decline in insurance industry (The Essential Buffett, p30). Another major company under Berkshire Hathaway is Nebraska Furniture Mart. It is a large furniture store, which holds NFM Mega Mart and Homemakers Furniture. Warren Buffett utilizes a constant strategy to manage these companies including Berkshire Hathaway by holding shares for a long time...

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