Berkshire Hathaway Market Capitalization

SOURCE www.cnbc.com
Warren Buffett's Berkshire Hathaway reached a $1 trillion market capitalization, making it the first nontechnology company in the U.S. to achieve this milestone.

Key Points

  • Berkshire Hathaway reached $1 trillion market capitalization, a significant milestone
  • Warren Buffett transformed Berkshire from a struggling textile business into a conglomerate
  • Greg Abel named as Buffett's successor
  • Buffett has been in a defensive mode recently, selling off stock and increasing cash reserves

Pros

  • Achieving $1 trillion market capitalization
  • Diversified business portfolio
  • Strong financial position

Cons

  • High stock price due to not splitting shares