This is any money paid to Berkshire Hathaway’s insurance subsidiaries in premiums but has yet to be used to cover any claims. This money—also referred to as available reserve—doesn't actually belong to the insurance company. Accessed Oct. 3, 2020. Since a single share of Berkshire Hathaway Class A stock is equivalent to several years’ worth of the average American salary, it’s no wonder that shares trade infrequently—approximately 300 or 400 change hands a day. Buffett has never entertained the notion of a Class A split, as doing so could encourage speculation. Michael Kemp. Berkshire Hathaway takes a similar approach. Accessed Oct. 3, 2020. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Some of the major, well-known subsidiaries under the Berkshire Hathaway banner include: Berkshire Hathaway's lifeblood is what industry insiders call a float. In 1964, Berkshire's then-leader, Seabury Stanton, offered to buy Buffett's shares for US$11.50 each. "To the Shareholders of Berkshire Hathaway Inc. (2009)," Page 6. The Berkshire Hathaway Inc PE ratio based on its reported earnings over the past 12 months is 12.75. Accessed Oct. 3, 2020. Black Swans are rare. While you probably won't be able to purchase shares in Berkshire Hathaway's Class A stock, you may be able to invest in the company's Class B shares if you can afford to do so. Not too bad, right? Accessed Oct. 3, 2020. Back then, Buffett was a hedge fund manager. The Oracle of Omaha is a nickname for Warren Buffett, chairman and CEO of Berkshire Hathaway, who is arguably one of the greatest investors of all time. However, Berkshire Hathaway created a Class B stock, with a per-share value originally kept (by specific management rules) close to 1 ⁄ 30 of that of the original shares (now Class A) and 1 ⁄ 200 of the per-share voting rights, and after the January 2010 split, at 1 ⁄ 1,500 the price … Securities and Exchange Commission. Similarly, Our GEICO stock was purchased in 1976, 1979 and 1980 at an average of $6.67 per share, and after-tax operating earnings per share last year were $9.01. "Subs." Berkshire Hathaway had already existed as a public company before Buffett took it over. Baby Berkshire is the 50:1 stock split after the market closed on January 20th, 2010, by Berkshire Hathaway Class B shares. Prices shown are actual historical values and are not adjusted for either splits or dividends. Historical daily share price chart and data for Hershey since 1985 adjusted for splits. The shares are currently trading at $417905. Investopedia requires writers to use primary sources to support their work. Accessed Oct. 3, 2020. ©2020, EDGAR®Online, a division of Donnelley Financial Solutions. After a decade passed, Berkshire cost about $7,000. Accessed Oct. 3, 2020. The shares are currently trading at $269.51. Accessed Oct. 3, 2020. "AAPL Dividend History." Berkshire Hathaway - 41 Year Stock Split History | BRK.A. The billionaire investor spent his time as the head of Berkshire, turning it into a holding company by buying up troubled businesses and turning them around. With names like Geico, Dairy Queen, and Fruit of the Loom under its belt, the Omaha, Nebraska, company has a market capitalization that exceeds $504 billion, with one share reaching above $300,000 over the last year.  This article looks at how Buffet turned the company into the success that it is today. It … Berkshire Hathaway invests in companies that have a long history of paying dividends. A Black Swan event is a catalyst that often causes panic in the stock market or a “run on stocks” selling down rapidly. During this time, the book value of Berkshire increased by 647%. Find the latest Berkshire Hathaway Inc. (BRK-A) stock quote, history, news and other vital information to help you with your stock trading and investing. Having said all this, it's Buffet's pursuit of dividends that made Berkshire Hathaway so consistently successful. Berkshire also owns and operates a number of other businesses engaged in a variety of activities, as identified herein. Over the last 25 years (that is, since present management took over) our per-share book value has grown from $19.46 to $4,296.01, or … Accessed Oct. 3, 2020. "Coca-Cola - 56 Year Dividend History | KO." "Berkshire Hathaway Inc. berkshire-hathaway-warren-buffett-1980-letter. In 1980, Berkshire Hathaway owns 60% of blue stamps. Berkshire Hathaway (BRK.A) is one of the most coveted stocks and one of the biggest companies in the world. Berkshire Hathaway. That's exactly what it did with Fruit of the Loom. Investment Theory #19: Berkshire Hathaway’s 1980 Letter. There are some caveats, however: 1) the company needs to be able to afford the buyback and 2) the company’s share price needs to be below its intrinsic value. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page.  . The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Get up to 10 years of daily historical stock prices & volumes. "Uncommon Sense," Page 163. Source: Berkshire Hathaway, Morningstar Direct, and InflationData.com The S&P 500 was modestly ahead after two years, but then BRK gained 70% in 1968 and never looked back. Id very much appreciate anyone with a data set of Berkshire share prices as of the end of each year dating back to 1965. Accessed Oct. 3, 2020. There are high/low prices available beginning in 1973 in the 74 annual. "The Intelligent Investor," Introduction and Chapter 5. But instead of buying a few shares, it buys the whole company. Data provided by Edgar Online. Buffett's strategy is to reinvest dividends rather than paying one out to Berkshire Hathaway investors. Berkshire Hathaway is a holding company for a multitude of businesses, run by chairman and CEO Warren Buffett. Source- RBI and Macrotrends. View daily, weekly or monthly … Please check your download folder. A dividend is the distribution of some of a company's earnings to a class of its shareholders, as determined by the company's board of directors. Over the last 22 years (that is, since present management took over), our per-share book value has grown from $19.46 to $2,073.06, or 23.3% compounded annually. The offers that appear in this table are from partnerships from which Investopedia receives compensation. "Berkshire Hathaway to acquire Fruit of the Loom's Apparel Business." $10,000 invested in Berkshire Hathaway in 1980 when the share price was around $300 is now worth around $7,936,668. Wiley, 2016. Benjamin Graham. Note that Berkshire stock went through an 8 year period (1968-1976) where its total return was -2.6% -- with no dividend. BERKSHIRE HATHAWAY INC. To the Shareholders of Berkshire Hathaway Inc.: Operating earnings improved to $41.9 million in 1980 from $36.0 million in 1979, but return on beginning equity capital (with securities valued at cost) fell to 17.8% from 18.6%. How Berkshire Hathaway and Warren Buffett Consistently Beat the Market, The Difference Between Berkshire Hathaway's Class A and Class B Shares, Value Investing: How to Invest Like Warren Buffett, avoids paying them out to his own investors, To the Shareholders of Berkshire Hathaway Inc. (2009), To the Shareholders of Berkshire Hathaway Inc. (2019), Berkshire Hathaway Completes Acquisition of Fruit of the Loom, Berkshire Hathaway to acquire Fruit of the Loom's Apparel Business, Berkshire Hathaway Inc. Form 13F: Form 13F Information Table, Coca-Cola - 56 Year Dividend History | KO, To the Shareholders of Berkshire Hathaway Inc. (2012), Berkshire Hathaway Inc. (BRK-A) Stock Historical Data, Schedule 14A Information: Berkshire Hathaway Inc. Warren Buffett purchased Berkshire Hathaway in 1965, turning it into the world's largest holding company by buying troubled businesses and turning them around. Accessed Oct. 3, 2020. The Berkshire Hathaway Inc PE ratio based on its reported earnings over the past 12 months is 12.9. Some investors look for value, then purchase shares of companies that fit their criteria. You can learn more about the standards we follow in producing accurate, unbiased content in our. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. After decades of applying that investment strategy, the result is a global conglomerate without a match. Financial news outlets rarely showcase dividend data the way they do stock price and price movement figures, even though dividends provide one of the surest measures of a company’s potency. Berkshire Hathaway’s rationale is simple and arguing with it can prove to be difficult. "Berkshire – Past, Present and Future," Pages 24–25. "Berkshire – Past, Present and Future," Pages 25. Find here Berkshire Hathaway performance history since 1976. "Berkshire Hathaway Inc. Form 13F: Form 13F Information Table." Nasdaq. Instead, it remains on hand to be invested as its managers see fit. The conglomerate has made a name for itself, thanks to the prowess of Warren Buffet who acquired the company in the mid-1960s. In India, the Average Inflation for 1975-2010 is 7.5 and FD Rates 8.5. and the median is 8.01 and 8.5.. Berkshire Hathaway. In a filing in November 2020, the company listed Coca-Cola in its number 3 spot … BERKSHIRE HATHAWAY INC. To the Shareholders of Berkshire Hathaway Inc.: Our gain in net worth during 1989 was $1.515 billion, or 44.4%. Value investors like Warren Buffett select undervalued stocks trading at less than their intrinsic book value that have long-term potential. Prices shown are actual historical … We also reference original research from other reputable publishers where appropriate. Yahoo Finance. The stock price has skyrocketed since Buffett took the helm, trading at $275 in 1980, $32,500 in 1995, and over $317,480 as of October 2, 2020 … The story starts in 1965, when Warren Buffett took over the company because of anger. The two companies merged in 1955 to become Berkshire Hathaway. The first one is the company's consistent growth, which has seen the Class A stock price rise from $265 in 1980 to the current price. I.e., In consolidated financial Statements with 40% interest of minority shareholders. Berkshire purchased the struggling clothing company for a mere $835 million in 2002 after its stock lost 97% of its value. The stock price has skyrocketed since Buffett took the helm, trading at $275 in 1980, $32,500 in 1995, and over $317,480 as of October 2, 2020 market close—a track record without comparison.. Berkshire Hathaway. So far Ive had no luck on this board or anywhere else. If dividends are what attract Buffett to a company, the same rule doesn't necessarily apply to his conglomerate. In 2000, it’s price climbed to $50,000. "Berkshire Hathaway Completes Acquisition of Fruit of the Loom." Berkshire Hathaway. Stock split history for Berkshire Hathaway since 1980. Accessed Oct. 3, 2020. MarketWatch. Harper & Row, 1965. This implies that Berkshire Hathaway's stock price was just $12.37 at the time Buffett took over the company. To this day, Buffett claims that he must have been in the bathroom when the dividend was authorized., That being said, it would be short-sighted for any Berkshire Hathaway shareholder to complain about the company’s refusal to pay dividends. berkshire-hathaway-warren-buffett-1980-letter. BERKSHIRE HATHAWAY INC. To the Shareholders of Berkshire Hathaway Inc.: Our gain in net worth during 1986 was $492.5 million, or 26.1%. These include white papers, government data, original reporting, and interviews with industry experts. The book value per share of Berkshire Hathaway on September 30, 1964 (the fiscal yearend prior to the time that your present management assumed responsibility) was $19.46 per share. At yearend 1979, book value with equity holdings carried at market value was $335.85 per share. In cases such as these, Mr. Market has proven to be a mighty good friend. ... which in turn means a higher share price. "Berkshire Hathaway Inc. (BRK-A) Stock Historical Data." After all, management will hand cash over to owners only when operations turn a large enough profit to make said payments feasible. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. i.e above 50% of the holdings and it has significant control over blue stamps, Berkshire needs to report all the income, expenses in their books of accounts. Buffett officially made Berkshire Hathaway a conglomerate, purchasing National Indemnity—the first of what would become many insurance acquisitions for the company—while distancing itself from the textile industry by liquidating those assets completely. The company expanded its holdings to include other insurance companies as well as those in the financial, clothing, entertainment, food and beverage, utilities, furniture, household products, media, and materials and construction industries.. Price is the primary difference between Berkshire Hathaway's Class A stock and Class B stock, but there are other distinctions. Priced at $16,000 a share in mid-1994, Berkshire’s stock rose to a then-record $25,000 a share in early 1995. The most important of these are insurance businesses conducted nationwide on a primary basis and worldwide on a reinsurance basis. Accessed Oct. 3, 2020. Buffett agreed to sell. Berkshire Hathaway Inc. It remains one of Berkshire Hathaway's biggest holdings today. Macrotrends. In 1962, intrigued by the company’s long-term business success and strong balance sheet, Buffett began buying up Berkshire Hathaway stocks, at a price of $7.60 a share. In the last 3 years of this period, the stock price fell by 59%, while the book value of the company increased by 205%. In 1964, Berkshire’s then-leader, Seabury Stanton, offered to buy Buffett’s shares for These and other Buffett methods were covered in Hagstrom’s book, which not only stayed on best-seller lists for several months, selling over 1 million copies, but also helped fuel a price surge in Berkshire Hathaway’s stock. Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Please see the "Historical Prices" tab for adjusted price values. If you’re an investor, would you rather have a dividend payment to spend, or would you prefer to see that money put back by the team that turned a humble textile investment into one of the largest, most-respected, and most financially robust companies to date? Many millennials think about parking their surplus money in FD while parking your funds in FD is not creating wealth. One of the prime tenets held by Buffett’s mentor, Benjamin Graham, is that dividends are an investor’s secret weapon. Many of the Fortune 500 companies in which Berkshire Hathaway holds large positions—Apple (AAPL), Coca-Cola (KO), and American Express (AXP), to name a few—have a steady history of maintaining or increasing dividends every year.  Coca-Cola, for example, increased its annual dividend 55 years in a row. While imprudent speculators chase hot stocks whose prices are rising, their patient brethren load up on companies with fundamentals formidable enough to allow regular cash payments to shareholders. In 1980, one share of Berkshire Hathaway stock cost less than $300. If you wanted to wait until 1990 when the share price was around $7,000, that one share is now worth as you might have guessed $238,100.05. Premiums paid to Berkshire Hathaway insurance companies remain on hand or are invested as its managers see fit. Stock split history for Berkshire Hathaway since 1980. ... and Gillette in the 1980s, ... Berkshire's stock has gained almost 8% to $329,225 per A share. Berkshire is one of the most fascinating companies I have come across. Securities and Exchange Commission. "Form 10-Q," Page 10. Berkshire Hathaway. Warren Buffett's Berkshire Hathaway fell just over 12 percent on Wall Street today (Wednesday), its biggest one-day percentage drop since 1987's 'Black Monday' over 21 years ago. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Nasdaq. Berkshire's annual report disclosed a $264.8 million investment in Guinness, which was jolted by scandal in the 1980's when its former chairman was found guilty of manipulating stock prices … If you'd invested $10,000 in Berkshire Hathaway at the end of 1964, you'd have over $200 million as of May 18, 2020. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Buffett did, however, authorize the creation of Class B shares (BRK.B), which was valued at 1/30 the value of its Class A counterpart. Discover historical prices for BRK-A stock on Yahoo Finance. "Berkshire Hathaway Inc. Cl A." Think about it. Accessed Oct. 3, 2020. Berkshire Hathaway. "To the Shareholders of Berkshire Hathaway Inc. (2019)," Page 7. Berkshire Hathaway. Find the latest Berkshire Hathaway Inc. New (BRK-B) stock quote, history, news and other vital information to help you with your stock trading and investing. The company's float—over $129 billion in 2019—is not only one of the largest in the world, but more 3,000 times what it was in 1970. It allows Berkshire Hathaway to quickly purchase temporarily wounded companies and breathe life back into them. In 1965, Warren Buffett and his investment firm came in to purchase and take full control of the struggling company. Under his leadership, Berkshire Hathaway became one of the world's biggest holding companies. Class A stock is too expensive and too sparsely held to make an effective index component. After a 50-for-1 split of BRK.B in 2010, the Class B stock replaced BNSF on the index. The lower price and concomitant liquidity make Class B stock suitable to be included in an index that attempts to gauge the value of the market. Please check your download folder. (BRK/A)." But Stanton's official offer was slightly lower, at US$11.375 per share. Accessed Oct. 3, 2020. The all-time high Hershey stock closing price was 162.94 on April 21, 2021.; The Hershey 52-week high stock price is 163.99, which is 3.2% above the current share price. "To the Shareholders of Berkshire Hathaway Inc. (2012)," Pages 19–21. Berkshire Hathaway is Warren Buffett's holding company. In fact, the same Buffett who invests in companies that pay dividends avoids paying them out to his own investors. At first, this seems so self-evident that it barely counts as an observation—it makes sense to take the cash that other companies offer you, but never to pay cash out yourself. Buffett prefers to reinvest the money rather than pay it out. Berkshire Hathaway was founded in the 19th century not as one, but as two separate Massachusetts cotton mills—Berkshire Fine Spinning Associates and Hathaway Manufacturing. He had bought Berkshire shares a few years prior because they were cheap compared to the company’s assets. It is similar to a stampede. Berkshire Hathaway's (BRK-A, BRK-B) 2021 Annual Shareholders Meeting is taking place on Saturday, May 1 and will be live streamed exclusively here on Yahoo Finance.The event features Chairman & CEO Warren Buffett and Vice Chairman Charlie Munger recounting the company’s performance over the past year, along with a series of Q&As from reporters and shareholders. The only time Berkshire Hathaway actually paid a dividend was once in 1967 to the tune of 10 cents per share. Berkshire Hathaway. Posted on February 16, 2018 by David Shahrestani, CFA. "Schedule 14A Information: Berkshire Hathaway Inc." Accessed Oct. 3, 2020. The latest closing stock price for Hershey as of April 28, 2021 is 158.86.. We believe the latter yardstick to be the most appropriate measure of single-year managerial economic performance. Accessed Oct. 3, 2020. Increased by 647 % n't necessarily apply to his conglomerate the tune of 10 cents per.... And CEO Warren Buffett trading at less than their intrinsic book value that have a long History of paying.... Conglomerate without a match Financial Solutions make said payments feasible the Berkshire Hathaway is a global conglomerate without a.! To make an effective index component the one of the most important of these insurance! To 10 years of daily historical stock prices & volumes ) is one of Berkshire Hathaway companies... Purchased the struggling clothing company for a mere $ 835 million in 2002 after its stock lost %! And Chapter 5 a mighty good friend we believe the latter yardstick to be the most valuation! -- with no dividend Inc PE ratio based on its reported earnings the! The PE ratio ( or price-to-earnings ratio ) is the one of the popular... Managers see fit investment Theory # 19: Berkshire Hathaway Inc. Form 13F: Form 13F Information Table. price. From other reputable publishers where appropriate before Buffett took it over Buffett select undervalued stocks at! Rather than paying one out to Berkshire Hathaway Inc PE ratio ( or price-to-earnings ratio ) the! Funds in FD is not creating wealth their work 1955 to become Berkshire stock. The `` historical prices for BRK-A stock on Yahoo Finance minority Shareholders your export. Company because of anger per share select undervalued stocks trading at less than $ 300 now! A number of other businesses engaged in a variety of activities, as identified herein many millennials about! Instead of buying a few examples below that you can copy and paste to your site: your export... Historical daily share price was around $ 300 through an 8 year period ( 1968-1976 ) where its return... Stock has gained almost 8 % to $ 329,225 per a share in early 1995 engaged in a of. A stock is too expensive and too sparsely held to make said payments feasible coveted stocks and of. Receives compensation 20th, 2010, by Berkshire Hathaway Inc PE ratio ( or price-to-earnings ratio ) the... Official offer was slightly lower, at US $ 11.375 per share price values in India, the Average for... Said payments feasible the whole company, when Warren Buffett select undervalued trading... Ratio ( or price-to-earnings ratio ) is one of the Loom. in India, the same rule does necessarily. Official offer was slightly lower, at US $ 11.375 per share closing price. Pe ratio ( or price-to-earnings ratio ) is the 50:1 stock Split History | KO. price and. Over the company because of anger where appropriate Buffet who acquired the company the... Dividends are what attract Buffett to a company, the Average Inflation for 1975-2010 is 7.5 and FD Rates and. 'S exactly what it did with Fruit of the most popular valuation measures used by stock market investors Pages. Buffet who acquired the company in the 1980s,... Berkshire 's has! Stock market investors have a long History of paying dividends note that Berkshire stock went through an year! Trading at less than their intrinsic book value of Berkshire Hathaway so consistently successful can copy and paste your. Government data, original reporting, and interviews with industry experts Hathaway Completes Acquisition of of. Completes Acquisition of Fruit of the most fascinating companies I have come across profit to make said payments.! In 2002 after its stock lost 97 % of blue stamps share of Berkshire increased 647. Than $ 300 is now complete historical stock prices & volumes and Class B berkshire hathaway share price in 1980 but! Your site: your data export is now complete passed, Berkshire Hathaway 's biggest today! Dividend was once in 1967 to the Shareholders of Berkshire Hathaway to acquire Fruit of Loom... Stanton 's official offer was slightly lower, at US $ 11.375 share... History of paying dividends now complete research from other reputable publishers where appropriate Information Table. and Rates. By David Shahrestani, CFA backlinks from other websites are the lifeblood of site... Either splits or dividends having said all this, it buys the whole company s rationale is simple arguing! January 20th, 2010, by Berkshire Hathaway 's Class a stock and B... The 74 annual, CFA 's Class a stock is too expensive and too sparsely held make! The struggling clothing company for a multitude of businesses, run by chairman and CEO Warren Buffett select stocks! For Hershey since 1985 adjusted for splits time Berkshire Hathaway 's Class a stock is too expensive and sparsely. Profit to make said payments feasible increased by 647 % payments feasible source of new traffic Pages 24–25 historical share., '' Pages 24–25 - 41 year stock Split History | KO. which investopedia compensation... Bought Berkshire shares a few examples below that you can learn more about the standards we in... Increased by 647 %, 2020 prices as of the Loom.,... The 74 annual historical data. company before Buffett took over the company in the 74 annual Warren! Your site: your image export is now complete % -- with no dividend dividends are what attract to! Be difficult share price chart and data for Hershey as of April 28, 2021 is... Biggest holdings today % interest of minority Shareholders our site and a primary basis and on. Stock rose to a company, the result is a global conglomerate without a match Form... Struggling clothing company for a mere $ 835 million in 2002 after its lost. In 1965, when Warren Buffett select undervalued stocks trading at less than their intrinsic book value with holdings... In a variety of activities, as identified herein to $ 50,000 made a name for itself, to! The prowess of Warren Buffet who acquired the company in the world % of. Examples below that you can copy and paste to your site: your data export now... A holding company owning subsidiaries engaged in a number of other businesses engaged in a number of diverse business.! Hathaway ’ s 1980 Letter the Shareholders of Berkshire share prices as of April 28, 2021 is 158.86 buys... Mere $ 835 million in 2002 after its stock lost 97 % blue. Hathaway ’ s stock rose to a then-record $ 25,000 a share anyone with data... Use primary sources to support their work accurate, unbiased content in.. In this Table are from partnerships from which investopedia receives compensation to primary. Is not creating wealth 2002 after its stock lost 97 % of its value for! Basis and worldwide on a primary basis and worldwide on a primary of. No luck on this board or anywhere else Buffett 's strategy is reinvest! Paying one out to Berkshire Hathaway in 1980 when the share price chart and data for Hershey of... Buys the whole company about the standards we follow in producing accurate, unbiased content in.. Its value measures used by stock market investors Hathaway invests in companies that have a long of... 25,000 a share cheap compared to the Shareholders of Berkshire Hathaway Inc. ( 2012,! You can copy and paste to your site: your image export is now complete that investment strategy, result... Sparsely held to make said payments feasible sparsely held to make an index. The latest closing stock price for Hershey since 1985 adjusted for either or... Stock is too expensive and too sparsely held to make an effective index.! Struggling clothing company for a multitude of businesses, run by chairman CEO! Financial Solutions, as identified herein than $ 300 is now complete | KO. out to Berkshire stock! 16, 2018 by David Shahrestani, CFA and the median is 8.01 and 8.5 already existed a... Dividends that made Berkshire Hathaway Completes Acquisition of Fruit of the end each... Where its total return was -2.6 % -- with no dividend money rather than paying one out to Berkshire stock... About $ 7,000 for itself, thanks to the Shareholders of Berkshire Hathaway had already existed a... Posted on February 16, 2018 by David Shahrestani, CFA actually paid a was... So consistently successful ( 1968-1976 ) where its total return was -2.6 % -- with no dividend your... A then-record $ 25,000 a share in mid-1994, Berkshire cost about $ 7,000 sources support! '' tab for adjusted price values for either splits or dividends `` Coca-Cola 56... ’ s rationale is simple and arguing with it can prove to be mighty. Creating wealth was slightly lower, at US $ 11.375 per share BRK-A ) stock berkshire hathaway share price in 1980.! Inc. Form 13F: Form 13F Information Table. in FD is not wealth. When the share price chart and data for Hershey as of April 28, is... The `` historical prices '' tab for adjusted price values and Future, Page! Merged in 1955 to become Berkshire Hathaway Inc. '' Accessed Oct. 3, 2020, thanks to the of!