Is Berkshire Hathaway a Millionaire Maker?

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has minted many millionaires during the past six decades. If you had invested $10,000 in Berkshire on May 10, 1965 -- the day Warren Buffett's investment fund took full control of the struggling textile maker -- your investment would be worth a whopping $381.9 million today.Under Buffett, Berkshire liquidated its textile business, acquired insurance and energy companies, and expanded into other industries. It now directly owns well-known brands like GEICO, BNSF Railway, Dairy Queen, Fruit of the Loom, Duracell, Acme Brick, and See's Candies. It used the cash from those subsidiaries to expand its investment portfolio, which is now worth over $300 billion and holds big stakes in blue chip giants, like Apple (NASDAQ: AAPL), American Express, Bank of America (NYSE: BAC), Coca-Cola, and Chevron.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool