Here’s a juicy fact: Tropicana is not a Berkshire company. But Clayton Homes is. They make mobile homes. And Lubrizol makes the chemicals in your engine oil. It’s all very industrial and boring. That’s the point.
Buffett loves boring. He says “boring is beautiful.” A simple business with a moat? He’ll take that over a tech startup any day. That’s why he owns Benjamin Moore paint. Your walls are probably Berkshire. And Dexter Shoes? That was a massive mistake. He admits it. He bought the wrong shoe company in the 1990s. It cost him billions in lost opportunities.
Berkshire Hathaway Ownership | Company Owned By Berkshire Hathaway – QMZQKF
The Toy You Didn’t Know
You know Pilot Flying J? It’s the biggest truck stop chain in America. Berkshire owns a majority stake now. They sell diesel, hot dogs, and lottery tickets. It’s the ultimate “boring but essential” business. Trucks can’t drive without it.
And NetJets? That’s the private plane company. If you’re a celebrity, you fly on a NetJets plane. But it’s owned by an old man from Nebraska. That’s pretty funny.
