The owner initially maintained the companies core business of textiles, but by 1967, he was expanding into the insurance industry and other investments. He first ventured into the insurance business with the purchase of National Indemnity Company. In the late 1970s, He acquired an equity stake in the GEICO, which forms the core of its insurance operations today . In 1985, the last textile operations were shut down. Which Co & Identify the Owner ?
A-Warren Buffett and Berkshire Hathaway
