Which company is Warren Buffett’s investment conglomerate and owns GEICO?

Berkshire Hathaway is Warren Buffett’s investment conglomerate and owns GEICO.

Berkshire Hathaway is a diversified holding company led for decades by Warren Buffett. Its businesses include insurance, rail transportation through BNSF, utilities and energy, manufacturing, retailing, and investments in publicly traded companies.

Insurance is central to Berkshire’s structure. GEICO is one of its best-known insurance subsidiaries, while Berkshire’s reinsurance operations generate large pools of investable funds known as float. The company has used capital from its operating businesses and insurance activities to acquire companies and hold major equity investments.

Berkshire is often compared with asset managers such as BlackRock, but they have different structures and businesses. Berkshire owns operating companies and invests corporate capital; an asset manager primarily manages money on behalf of clients. Berkshire’s market capitalization therefore reflects both its owned businesses and the value investors assign to its investment strategy.