It grew out of the house game, but how did you take it from that to this massive digital entertainment conglomerate that you are now?Oh, man, that's a big question.
uh originally from Washington born here but his family moved uh into Canada and his father had started a a brewery conglomerate so he was very well known in Canada and on the west coast like in British Columbia and stuff so what hewanted to do was he wanted to uh start some breweries in Washington and he
plastic out of the Nelson of the autotrophs this is what's there this is now the natural world I'm finding conglomerate rocks made out of plastic as the volcano erupts in Hawaii andflows to the sea it melts the plastic distributed on the beaches by the
currents and melts it into the volcanic rock so that we now have instead of mud and Santa being the basis for a conglomerate rock where you have a big chunks of rock you have plastic as the substrate so I've seen sheets as bigmaking tables up here of a new kind of conglomerate the geologists which is made not by
carbon emission design and that's been the biggest pressure on what's on uh model basins which is where conglomerates of shipping mostly in um Korea Japan um a little you know arelatively large one that we that was spoken about a little bit in Germany but there that's where most of that design
It was like, Jim, the perfect name for your new beer is Sacred Cod. conglomerates that you wouldn't even know the names of them necessarily.
So for the first 10 years, he ran Teledyne. Conglomerates were sort of the social media companies of their day.They traded extremely high P/Es.
They grew and as you put in, central banks would give them support against collateral. Conglomerates in the '80s, broke from being bloated and inefficient.
It'll go up to a trillion dollars, but I'll go more into this and the mind of Warren Buffett and why he chooses this path of acquiring and continuing to conglomerate , rather than deconglomerate. And a little bit more about my background, I was born and raised in San Francisco, got a BA from San Francisco State, an MBA
Berkshire subsidiaries were acquired at prices all over the map, way less than a billion for Justin boots, 2 billion for Shaw carpets, 9 billion for the Marmom group, the conglomerate that Jay and Robert Pritzker built. They were acquired at varying multiples, from cheap bargains for the maker of Garanimals to princely premiums for the likes of BH Energy.
I'm going to talk about the price-earning ratio later. over conglomerates I ever met.
I don't know woodchucks, what lives in the ground? farm conglomerates . And even on the best farms I mean what you would really want is to be able to trace an individual animal and to note was this animal given antibiotics at
What community support has inspired you to focus on Juneteenth? So it's a conglomerate community in and of itself to provide resources to the community.
not only starting a company and being entrepreneurs, but having that kind of unbelievable, undying support for sticking our necks out there There is finally a conglomerate that is listening.
phase of the market. It was the conglomerate era. And it just predated the Nifty Fifty, if people have heard of that.
And they signed a contract with eight of the railroads on August of 1930, promising to have this ready within 16 months. This was a conglomerate owned by the railroads.
And it's actually-- even though it's a foreign company, it has a lot in common with Berkshire. It's a large conglomerate , a network of different companies. But when they went and bought that, it was a very slow transaction for Berkshire.
Activist shareholders might pressure a successor to sell this company, that company, or the other one to get the cash rather than having these companies sit inside the broad conglomerate . I don't think the activist shareholders will succeed in that kind of campaign, however, because all the CEOs of Berkshire companies understand these values, buy into them,
You have very little to lose by adding an ingredient and tasting. I just like the conglomerate I work for-- namely, the owner of Random House, Bertelsmann, because they're not listed in
companies were part of conglomerates right Walt Disney owns ABC Mon's part of bacom CBS Warner Brothers part of Time
And that bank became a big conglomerate called Intercorp, with supermarkets, and pharmacies, and hotels.
Unless you were some massive conglomerate , you couldn't afford a computer.
We find the same kind of conglomerate , these little chunks of pebbles rounded by water flow stuck together.
So Ratan Tata runs the largest conglomerate in India.
of a very large French conglomerate .
And my response, thanks to my wife, was there's only one Warren Buffett. And you'd have simply another conglomerate like Litton Industries, or Gulf and Western, or United Technologies, or General Electric, what have you.
Berkshire Hathaway gets what's called a conglomerate discount because we know he will never sell off businesses.
So we say it's a conglomerate discount when you don't think they're going to spin off businesses.
loss is one of these Financial conglomerates that nobody knows what's on their books or or or what they're doing so you either need to bring back
And so many people think that we're this huge conglomerate , but really we hire freelancers and we hire black voices to help tell these stories
And the Kellogg's Food Company today is a conglomerate of, I think, 180 different brands.
because it's also a very very big big conglomerate of lots of other things selling everything from groceries to uh to books um but they have a publishing
seven for the week 22 million people and this conglomerate huge hit was born and
conglomerate rock where you have a big chunks of rock you have plastic as the substrate so I've seen sheets as bigmaking tables up here of a new kind of conglomerate the geologists which is made not by natural forces out of our waves and just to emphasize that it's not only of these
as well as the streaming companies and the media conglomerates making money, too.
back then it was a Latino-- sort of conglomerates , even though we couldn't be more different.
But since 80% of their gross domestic product comes from 10 conglomerates .
You have very little to lose by adding an ingredient and tasting. Now, conglomerates -- I have no idea.
over, the conglomerates had taken over. Publishers needed to show Wall Street returns. Cork and I had talked it over, and interestingly, any editor or writer who is not a total retard
I remember in 1989, when the big advertising conglomerate that I was working for sent out a memo that said they were no longer going to expense liquor at lunch.
such as the United States, a conglomerate of, say, minister of finance or treasurers will agree according to a formula, this is something that I have suggested with
I'm responsible for people at Slutty Vegan and all of the conglomerates .
But the relationship between big, powerful international conglomerates and the African continent itself has a history of that kind of behavior. And so when you are
But a lot of seniors, especially in large conglomerates treat the 90's people like children inexperienced, naive youngsters
So I never take my competition as the big daddies or the big global conglomerates out there.
which will contribute to its business longevity long after the Warren Buffett era. Intuitively, people don't expect conglomerates , vast and diverse, to have discernible corporate cultures, but Berkshire has a distinctive one, based on a core set of shared values.
So in other words, Chick-fil-A is a big conglomerate , big company.
And I was catering to a lot of the Unilever needs as well within such a large conglomerate .
This is a high prestige prize that's given out by Tata Sons, the largest conglomerate in India, every couple years.
And back in the day, they were a kind of classic 1960s conglomerate .