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Berkshire Hathaway

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Corporation

The Resume

    Born in United States
    Founded by Oliver Chace in Cumberland, RI
    Headquartered in Omaha, NE
    Warren Buffet is Chairman, President and CEO
    Specializes in diversified investments, property and casualty insurance
    260,000 employees (2011)

Why Berkshire Hathaway might be annoying:

    Their story began in 1839 as a textile business but it officially begins when Warren Buffet takes an interest in the company.
    Warren Buffet bought the company so he could fire someone who had offered to buy the company back from him at a price that was lower than what was originally offered.
    Buffet estimates that buying the company cost him $200 billion in compound investment returns.
    Though originally a textile business, the last textile mill closed in 1985.
    As of 2012, they had the highest priced class A shares at a ridiculous $120,000+ per share.
    This is because they have never paid a dividend.
    Their cash cow is the insurance industry.
    They quote Warren Buffet as if he was some sort of holy man. This puts in question what will happen when Buffet is gone?
    They are responsible for those seemingly never-ending Geico ads.
    They helped save Bank of America's ass by buying $5 billion of their shares.

Why Berkshire Hathaway might not be annoying:

    They started offering class B shares at a reasonable price (2010).
    Their annual shareholders' meetings are referred to as the 'Woodstock for Capitalists' and draw 30,000+ people a year.
    The salary for the CEO is $100,000 a year with no stock options.
    They partially own American Express, the Coca-Cola Company, Kraft Foods, Moody's Corporation and Wells Fargo.

Credit: D & Captain Howdy


Featured in the following Annoying Collections:

Year In Review:

    For 2024, as of last weekly ranking, Out of 1 Votes: 100% Annoying
    In 2023, Out of 15 Votes: 53.33% Annoying
    In 2022, Out of 4 Votes: 75.00% Annoying
    In 2021, Out of 8 Votes: 100% Annoying
    In 2020, Out of 3 Votes: 33.33% Annoying
    In 2019, Out of 3 Votes: 33.33% Annoying
    In 2018, Out of 9 Votes: 33.33% Annoying
    In 2017, Out of 2 Votes: 100% Annoying
    In 2016, Out of 3 Votes: 100% Annoying
    In 2015, Out of 15 Votes: 60.0% Annoying
    In 2014, Out of 6 Votes: 50.0% Annoying
    In 2013, Out of 15 Votes: 46.67% Annoying
    In 2012, Out of 27 Votes: 59.26% Annoying