Which company is known for the investment philosophy of Warren Buffett and Charlie Munger?

Berkshire Hathaway is known for the investment philosophy of Warren Buffett and Charlie Munger. Buffett became the company’s leading shareholder and chief executive after acquiring control in the 1960s, while Munger served as vice chairman and Buffett’s longtime intellectual partner.

Berkshire began as a textile manufacturing company formed through the 1955 merger of Berkshire Fine Spinning Associates and Hathaway Manufacturing. Buffett eventually redirected it toward insurance, investments, and ownership of operating businesses, making the original textile operation only a historical part of the story.

The company owns major insurance businesses and has held substantial stakes in large public companies. Its annual shareholder meeting in Omaha, Nebraska, attracts thousands of investors and is widely nicknamed “Woodstock for Capitalists.”

Berkshire is unusual among the world’s most valuable public companies because it has historically avoided paying a regular dividend. Buffett and Munger argued that retained earnings could create more value when reinvested effectively.