Berkshire Hathaway Profile

If you have never heard of Berkshire Hathaway before, you would not believe how powerful the company is if you just looked at their website. Their home page consists almost entirely of simple text and links, which is a very rudimentary site design by today's standards. However, the company has nearly fifty subsidiaries and is run by the world's second-richest person, Warren Buffett. The 76-year-old is worth $52 billion, according to a March 2007 article at Forbes.com.

Fort Wayne has a local connection to Berkshire Hathaway. Since 2005, the company has owned Medical Protective, a medical malpractice insurance provider headquartered in Fort Wayne.

This blog will explore Berkshire Hathaway, Warren Buffett, and some of the company's many subsidiaries. The annual shareholder's meeting and Buffett's massive donations have been among the hot topics in the past several months, and those will be detailed. I will also take a look at Buffet's history and how he got started in investments at a very early age.