Here’s What Makes Berkshire Hathaway (BRk-B) a Smart Long-Term Buy

Berkshire Hathaway, a multinational conglomerate holding company that is led by the legendary billionaire investor, Warren Buffett, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, the fund owns a few non-U.S. equities and participate in several joint ventures or...