Business
Are these 2 men vying to be the ASX’s Warren Buffett?
Warren Buffett – chair and CEO of Berkshire Hathaway Inc (NYSE: BRK.A)(NYSE: BRK.B) – is one of the most successful and famous investors of all time.
He has become famous for steering Berkshire to success after success over the past near-seven decades. Over that time, Class A Berkshire shares have appreciated from roughly US$12.50 in 1964 to US$335,779 today.
Part of Berkshire’s success has no doubt been its rather unique structure. Unlike most companies in the top echelons of the US share market, Berkshire is a conglomerate. It owns massive stakes in a wide range of businesses, including Coca-Cola Co (NYSE: KO), American Express Company (NYSE: AXP) and (more recently) Apple Inc (NASDAQ: AAPL). It also owns a massive…
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