Berkshire Hathaway Letters to Shareholders: 1965-2024
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Hathaway was founded in 1888 by Horatio Hathaway and included Hetty Green as an original shareholder with 6¼% ownership.
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The combined enterprise had over 10,000 employees and owned close to six million square feet of plant but the subsequent financial record was just as dismal as that which followed the previous grand consolidation of 1929.
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September 30, 1955: