Buffett shuttered the textile business in 1985, and he moved the company's headquarters to his hometown, Omaha, long before then. The true success of Berkshire is the combination of the cash generated by its insurance business and Buffett's ability to invest that cash far better than anyone else on the planet. But Buffett has also proven good at picking managers and having a light touch. Only when companies prove to be a problem, like paint company Benjamin Moore, has Buffett swooped in. Buffett's conglomerate now ranks fourth on the Fortune 500 and now has a stock price of $210,000.
1985年,巴菲特關閉了伯克希爾哈撒韋公司的紡織業務,而之前他早就把公司總部搬到了家鄉奧馬哈。伯克希爾哈撒韋公司的真正成功之處在于旗下保險業務產生的現金流與巴菲特超乎常人的投資能力得到了結合。但巴菲特也向世人證明,他有識別管理人才的慧眼,而且奉行無為而治。只有當企業的確出現問題時,如涂料公司本杰明摩爾(Benjamin Moore)那樣的狀況,巴菲特才會大力介入。伯克希爾哈撒韋公司目前在《財富》500強企業中排名第四,股價為21萬美元。