Berkshire Hathaway is a conglomerate holding company that oversees and manages a number of subsidiary companies. Recent news, Berkshire Hathaway makes a 43% jump in its 4th quarter net income. CEO Berkshire Hathaway, Warren Buffet and many other stakeholders are monitoring the changes in the book value.
Berkshire Hathaway was founded in 1839 as Valley Falls Company. Now, Berkshire Hathaway company is headquartered in Omaha, Nebraska, United States. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of capital, and minimal debt. Berkshire Hathaway stock produced a total return of 76% from 2000-2010 versus a negative 11.3% return for the S&P 500.
Berkshire Hathaway's soaring book value per share grew by 13 percent in 2010, slightly behind the 15.1 percent total return of the S&P 500, and stood at $95,453 per A share as of December 31, 2010.
“The per-share book value of both our Class A and Class B stock increased by 13% in 2010. Over the last 46 years (that is, since present management took over), book value has grown from $19 to $95,453, a rate of 20.2% compounded annually", excerpt from Berkshire Hathaway’s annual letter to their shareholders. If you are interested about Berkshire Hathaway, you can visit www.berkshirehathaway.com.
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