Berkshire Hathaway is one of the most well-known investing stories of the last 50 years. Through the great leadership of Warren Buffett and Charlie Munger, a portfolio of cash-generating businesses, and a long-term time horizon, Berkshire Hathaway has returned over 2,000,000% to shareholders since 1964, an astounding record that has trounced the market over the same period.
One company that is trying to emulate the Berkshire model is
Boston Omaha (NASDAQ:BOMN). Born out of a real estate company in 2015, this conglomerate is managed by Adam Peterson and Alex Rozek and has the wide-arching goal to grow intrinsic value per share at an attractive rate, while seeking to maintain a strong financial position.