World's Most Admired Companies

By siliconindia   |   Tuesday, 18 October 2011, 02:29 IST
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3. Berkshire Hathaway:
berkish
The credit all goes to warren Buffett the champion, for his predictions, judgments of stocks and investments. One of the recent stock market judgments by the company amplified the stake of Johnson & Johnson in the year 2010. The shares rose from 28 million to 45 million. J&J never bothered to create something new. They have been sticking to the old products promotion all the time. In spite of this, Warren bought the stocks when they are of no use and sells them when the market is hyper active. The spectacular investment by the company in the year 2010 was the purchase of Burlington Northern Santa Fe. The railways generated around 1 billion in a quarter which increased by 13 percent of the company's book value. Buffett's risk taking and challenging decisions has created a strong goodwill among the company's investors.