Here's how Berkshire Hathaway's companies are faring amid COVID-19 - Business Insider

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Here's how Warren Buffett-led Berkshire Hathaway's most important companies are faring in the coronavirus pandemic

Warren Buffett's conglomerate Berkshire Hathaway owns a variety of companies.

Some of its units have been able to adapt to the coronavirus pandemic, but others have been hit by store closures and furloughs resulting from social-distancing measures. Read more on Business InsiderFew businesses have been able to escape the impact of the coronavirus pandemic and lockdowns that are keeping millions of Americans at home.

Even Warren Buffett, the so-called oracle of Omaha and legendary investor, is seeing the impact of COVID-19 through the portfolio of Berkshire Hathaway, the company he's run for more than five decades. The Berkshire Hathaway portfolio has a diverse group of companies spanning many sectors including insurance, retail, energy, and transportation. While this mix helped Berkshire persevere through the Great Recession of 2008, it's now seeing that the coronavirus pandemic is wide-reaching. Some companies in the portfolio have so far been able to adapt to the pandemic, but others have been hit by store closures and furloughs amid social-distancing measures.

Berkshire Hathaway will report quarterly results in May, and in the same month will host an online version of its famous annual shareholder meeting. Both events will give investors and industry watchers a glimpse into how Buffett views the current crisis, and what the company will do to weather the economic fallout ahead.

 

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