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how long has Berkshire Hathaway B. been around?
Fascinating actually, it’s been around for a long time according to wikipedia:
Berkshire Hathaway traces its roots to a textile manufacturing company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. Chace had previously worked for Samuel Slater, the founder of the first successful textile mill in America. Chace founded his first textile mill in 1806. In 1929 the Valley Falls Company merged with the Berkshire Cotton Manufacturing Company established in 1889, in Adams, Massachusetts. The combined company was known as Berkshire Fine Spinning Associates.
The name though comes from their 1955 merger with Hathaway associates…in 1962, Warren Buffet began buying up shares and eventually owned enough to change their management team and control the company.
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