Company

Berkshire Hathaway

BRK.A / BRK.B
Conglomerate / Holding Company•First mentioned: 1965•61 letter mentions

Investment Timeline

1965Acquisition (textile company)
“We took control of Berkshire Fine Spinning Associates, a New England textile manufacturer...”
1967Diversification begins
“Our textile operations continue to be a very minor factor in earnings... The insurance business proved far more attractive.”
1985Textile exit
“The last textile operation... was closed in 1985. This elimination of our textile business is a milestone of sorts...”
1985 The Textile Exit & Quality Companies - 1985 →