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| | Top Company Profiles - Berkshire Hathaway, Incorporated Class A - Portfolio.com |
 | | Berkshire Hathaway was technically born in 1955, when two textile operations, the Hathaway Manufacturing and Berkshire Fine Spinning Associates, merged. |
 | | Berkshire is also responsible for the Woodstock of Capitalism, also known as the annual shareholders’ meeting, when the Qwest Center, in Omaha, Nebraska, fills with more than 20,000 stockholders and reporters, who come to worship at the altar of the Oracle of Omaha. |
 | | But this strength is also a weakness: Many investors have criticized Berkshire Hathaway for being slow to invest in new technology (Buffett mostly sticks with old-line industries such as textiles and apparel.) They worry that a refusal to change with the times will eventually hurt returns. |
| www.portfolio.com /resources/company-profiles/778 (637 words) |
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