Which company did Warren Buffett’s investment firm acquire after buying shares beginning in 1962?
Answer
Berkshire Hathaway
Answer
Berkshire Hathaway
Warren Buffett’s investment firm acquired Berkshire Hathaway after buying its shares beginning in 1962.
Buffett began purchasing shares in the Massachusetts textile company Berkshire Hathaway in 1962. After a disagreement with management over a tender offer, he acquired control in 1965 and redirected the business toward insurance and investments.
Berkshire eventually became a diversified holding company with major insurance operations, equity investments, and wholly owned businesses. Its best-known insurance subsidiaries include GEICO and General Re, while its investments have included major stakes in companies such as Coca-Cola and American Express.
Berkshire Hathaway is often discussed alongside the world’s largest companies by market value, but it is not primarily a technology company. Its high share price also reflects a long-standing two-class share structure and decades of retained earnings.
Source: Wikipedia · fact-checked Oct. 2026