A holding company
that specializes in insurance-related companies
but has a wide array of interests
it a conglomerate
. It was founded in 1839 as a textile company, and did not take
on its current form
until 1967. It is widely recognized because its long-time CEO is legendary investor Warren Buffett
, who is called the "Oracle of Omaha" because Omaha, Nebraska is the headquarters of Berkshire Hathaway.