Headquartered in Omaha, Nebraska, Berkshire Hathaway is Warren Buffett. The two are inextricably linked – in corporate fact and stockmarket mythology. The reality is that Berkshire Hathaway is no longer a humble textile company but a corporate entity, a shell inhabited by 316,000 employees and made real by the passage of dollars to and fro – but a shell with revenues of $194 billion.
In 1964 a share in Berkshire Hathaway Inc. was worth $19.46. They have now passed $200,000. These impressive figures have been much quoted as Buffett’s success has been examined from every angle. Yet, if . . .
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