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> "Siemens is an investment bank that happens to own All conglomerates are like this, the clearest example is Berkshire Hathaway.
by coliveira 6y ago
> "Siemens is an investment bank that happens to own
All conglomerates are like this, the clearest example is Berkshire Hathaway.
- guyzero 6y agoExactly. Why not break up Berkshire?
- martin_bech 6y agoBerkshire is for all intents broken up, everything operates independently.
- perl4ever 6y agoI vaguely think people have written how having the insurance business attached to the others is a useful/complementary structure, compared to a regular mutual fund or something. Maybe you could ask from the opposite perspective, why aren't all mutual funds organized like BRK?