The Snowball: Warren Buffett and the Business of Life - Revised Paperback Edition



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Thursday, March 12, 2009

CNN MONEY: World's Most Admired Companies

Berkshire Hathaway
MOST ADMIRED
Top 50 rank: 2
Rank in Insurance: Property and Casualty: 1 (Previous rank: 1*)
Overall score: 7.78
Why it's admired

Warren Buffett's firm helped beleaguered General Electric and Goldman Sachs wrestle with the financial crisis by purchasing billions in their preferred stocks. Still, Berkshire itself suffered this year, with Class A shares falling 49% since their peak in Dec. 2007, as its investments in Wells Fargo, U.S. Bancorp and American Express got hit hard. But as one financial advisor told Reuters: "[Buffett] admits when he is wrong. You don't get candor from other CEOs. That's why his credibility is so high." -A.A.

Address: 1440 Kiewit Plaza
Omaha, NE 68131
Phone: 402-346-1400
Website: www.berkshirehathaway.com

  • Top 50
And the winners are...
Which companies have the best reputations? With admiration in such short supply these days, it's more valuable than ever. Apple tops the list for the second year in a row. Who else made the top 50 this year? More

See the top 50

Related Links

Berkshire Hathaway Annual Letter to Shareholders 2008 - Read the latest Berkshire Letter
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