Rank: 13 (Previous rank: 11)
Compare tool: Berkshire Hathaway vs. Top 10
CEO: Warren E. Buffett
Address: 3555 Farnam St.
Omaha, NE 68131
"I did some dumb things." Boy, there's a rare bit of self-reproach from Warren Buffett.
In his annual Chairman's letter to Berkshire Hathaway investors, the Oracle of Omaha said that 2008 had some good parts...and some bad. The good? Buffett used his billions to buy pieces of General Electric and Goldman Sachs for a song.
The bad? Berkshire Hathaway's worst performance since 1965. Buffett's dumbest move, he admitted, was buying up shares of ConocoPhillips when oil prices were near their peak. - J.R.
Industry: Insurance: Property and Casualty (stock)
What Readers Say
They speak out on Exxon Mobil and other 500 companies...