What Year Did BRK.B Open Their IPo?

Berkshire Hathaway is an investment company that invests in undervalued companies. The company buys these companies and then allows management teams to run them like separate, autonomous subsidiaries. Founded in 1946, Berkshire Hathaway owns a variety of businesses, including railroads, food chains, and even encyclopedias. It also owns several regional electric and gas utilities.

Berkshire Hathaway offers two classes of common stock. There are institutional investors who hold BRK.B stock, and retail investors can invest a small portion or a large portion of their portfolio in it. As the world’s second largest asset management company after Blackrock, the company offers a variety of retirement services, investment products, and advisory services.