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Warren Buffett’s Berkshire Hathaway Becomes First Non-Tech U.S. Firm to Hit $1 Trillion Market Cap
Friday, 30 August 2024
Berkshire Hathaway, the conglomerate led by Warren Buffett, has reached a historic milestone by becoming the first non-tech U.S. company to achieve a $1 trillion market capitalization. This landmark achievement highlights the strength of Berkshire Hathaway’s diversified portfolio and the effectiveness of Buffett’s long-term value investing strategy. The Rise of Berkshire Hathaway Founded in 1839 as a textile company, Berkshire Hathaway was transformed by Warren Buffett into a powerhouse conglomerate. The company now holds interests in a wide array of sectors, including insurance, energy, railroads, retail, and manufacturing. Its portfolio features iconic brands like GEICO, Duracell, and Dairy Queen, alongside significant stakes in major companies such as Apple, Coca-Cola, and […]
Warren Buffett’s Berkshire Hathaway Becomes First Non-Tech U.S. Firm to Hit $1 Trillion Market Cap
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