Targeting Single-Company Diversification: A Look at Conglomerates Old and New
Key Takeaways Diversification is both the attraction and Achilles’ heel of conglomerates GE and Berkshire Hathaway are among some famous old-school conglomerates Amazon represents the vanguard of modern conglomerates Is it fair to think of conglomerates like General Electric (GE) and Berkshire Hathaway (BRK.A) (BRK.B) as the original mutual funds? In general, a conglomerate company […]