We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Finances - Essay Example

Comments (0)
Summary
(Berkshire) group of companies. This particular institution has been chosen as Mr. Warren Buffet is its Chairman of the Board and Chief Executive Officer. He has been an officer in it since 1965 i.e. he has been…
Download full paper
GRAB THE BEST PAPER
Finances
Read TextPreview

Extract of sample
Finances

Download file to see previous pages... These subsidiary companies are engaged in a wide range of business activities. The main ones are primary insurance and reinsurance business.
Over the years it has acquired a myriad of subsidiaries engaged in diverse business operations like utilities and energy (MidAmerican Energy Holdings Company), manufacturing-service-retailing (Marmon group), wholesale distribution & logistics (McLane), jewelry (Ben Bridge Chain), carpets (Shaw Industries), bricks & boots (Justin Industries). The insurance (both primary and reinsurance) business is through more than sixty national and overseas enterprises.
Berkshire being primarily in insurance business in effect means that the premium for undertaking risk generates cash which is available for investment when the opportunity knocks. The reputation of Mr. Buffet has been built over the years is due to the fact that he has been consistent in picking winning opportunities by and large. This translates into the fact that almost of the business acquisitions turn out to be profit making ones, which in turn swell the coffers of Berkshire to be ready to invest.
Contrary to expectations and common belief, Berkshire does not invest by only trading in stock i.e., picking stock at low price and selling, but also by investing in the businesses and earning through their operations.
“For some sellers Berkshire is a refuge, a place to land when, say, some members of a family that controls a private company want cash and others wish to keep running the business. To the latter Buffett promises independence and respect and then--barring some irreconcilable problem that just has to be dealt with--delivers on the commitment. "We dont have any MBAs running around telling these people what to do," Buffett says. "And God knows I wouldnt know what to tell them." To public companies that may also have a family reason for selling, or that just want to escape the cold world of regrettable stock prices, unrealistic quarterly demands, and ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Analysing Finances
Such reports can be industry information in which the company is operating, the company financial ratios, company’s own market share, its market growth rate, its product development reports, company’s management performance, labor turnover, competitors reports and their comparative financial performance, the reports of different credit ranking companies such as Moody’s.
1 Pages(250 words)Essay
Finances and Quality in Health Care
Implementation of quality improvement programs has become an issue of concern worldwide. To achieve improved healthcare provision and increase revenues for the hospital, there must be the appropriate structure and process to produce the desired outcome. This is a recommendation to introduce a quality improvement department for Boston Massachusetts Hospital.
3 Pages(750 words)Essay
Financialisation and the Financial Crisis: On Shifts in Governance of Global Finances
Rather than provide a country-specific analysis, it will look at trends and patterns in global financial governance systems and the underlying structural deficiencies in the IMF-driven neoliberal framework. A recent headline of the British newspaper The Guardian regarding the recent Greek crisis brings up a question that has long been asked by several movements and institutions worldwide: “What makes the IMF think it’s right (…)” about the economy?
16 Pages(4000 words)Essay
UK public finances
The global credit crisis has led to severe loss to individuals as well as to the business entities resulting in economic decline of the country. In view of the aforementioned reason, the government of United Kingdom stated that restoring confidence in the economy will be the top priority by saving over 6 billion from spending during this year through cutting waste and low value programmes (www.hm-treasury.gov.uk)
4 Pages(1000 words)Essay
Factors in Urban Sprawl: Finances, Society, and Race
Factors in Urban Sprawl: Finances, Society, and Race Car usage is seemingly worthy enough of a topic in order to seriously study its effects. A "statistical study of the contribution of theories previously offered by economists to explain differences in the degree of urban decentralization in the U.S [was conducted].
7 Pages(1750 words)Essay
Finances
The attainment of these various needs for the hospital cost money and therefore nurses will be required to be aware of their prices in the market
2 Pages(500 words)Assignment
Changes in Family and Personal Finances in the Last Generations
People of generation X lived through a period of social and economic turmoil. Social factors such as racism and gender discrimination in the workplace affected their financial status because of low productivity levels.
4 Pages(1000 words)Essay
Describe the changes that have occurred in the last generation with regard to personal and family finances
Such basic legislations as minimum wage laws sought to improve the quality of workers. Set at $7.25 per hour, the minimum wage sought to ensure that every American affords a decent lifestyle accentuated
2 Pages(500 words)Essay
Accountability of Public Finances
For matters to do with financial reporting and audit matters the Public Accounts Committee (PAC) acts as the watchdog. The committee is required to look into the accounts of government entities and those that are
8 Pages(2000 words)Essay
Personal finances
Big Data is useful when one connects it to structured data in the corporate enterprise systems. Big Data comes with many benefits to businesses than the traditional structured databases. Big Data can make firms realize significant profits. The features of
1 Pages(250 words)Assignment
Let us find you another Essay on topic Finances for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us