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Berkshire Hathway is also a conglomerate, but it does perform fairly well.
by simula67 3y ago
Berkshire Hathway is also a conglomerate, but it does perform fairly well.
- SOVIETIC-BOSS88 3y agoBH is extremely delegated. Bufett is not in the business of managimg Fruit of the Loom for example.
- rTX5CMRXIfFG 3y agoBut it is a holdings company, and their business model is to make returns on equity (and possibly loaning out capital to their subsidiaries) instead of directly managing their subsidiaries' operations and generating revenue.
- Projectiboga 3y agoSome sizable part of their total equity is in Apple.