What is Berkshire Hathaway best known for? Berkshire Hathaway actually began as two Massachusetts-based textile firms. Berkshire Fine Spinning Associates and Hathaway Manufacturing Company ...

CEO Warren Buffett recounted the irony of his most “unpromising” purchase—Berkshire Hathaway itself. Despite ultimately transforming the struggling textile manufacturer into a multi-billion ...

Believe it or not, it was the aggressive takeover Berkshire Hathaway, a textile factory that was basically doomed to fail. The "decision" occurred in 1964 when Buffett, then an owner of just 7% of ...

Warren Buffett's association with Berkshire Hathaway began in 1965 when his investment company took control of the struggling textile enterprise. Acquisitions and Decentralized Empowerment ...