Markets
Animation: Berkshire Hathaway’s Holdings Since 1994
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Visualizing Berkshire Hathaway’s Holdings Since 1994
If you’re a long-time follower of Visual Capitalist, then you probably know that we’re big fans of Warren Buffett.
We’ve written numerous articles about the world-famous investor, covering everything from his early years to his most famous quotes. As one of the wealthiest and most influential investors in the world, he’s an important market player to keep track of.
As our latest addition to the Warren Buffett archives, this animated video by Sjoerd Tilmans highlights three decades of Warren Buffett’s investments. It shows what his holding company, Berkshire Hathaway, has been invested in since 1994, using data from the company’s financial reports.
A Rocky Start: The Early Years of Berkshire Hathaway
Before becoming the multinational conglomerate that it is today, Berkshire Hathaway was once a massive (yet struggling) textile company in Rhode Island.
Buffett first invested in the company in the late 1950s, when the company’s shares were declining. By 1964, things still hadn’t picked up for the company, and Buffett was ready to cut his losses and move on.
But when industrialist Seabury Stanton, the CEO of Berkshire Hathaway at the time, offered to buy Buffett out for less than the price he’d originally promised, things got interesting. Buffett was so furious by the offer that instead of selling his shares, he bought more, eventually taking control of the company and letting Stanton go.
The textile company never recovered, and Berkshire Hathaway eventually became Buffett’s holding company for other investments. He estimates that his investment in Berkshire Hathaway ultimately cost him $200 billion.
A Brighter Future: Berkshire Hathaway Now
Despite its tumultuous past, Berkshire Hathaway is now associated with tremendous financial success. In 2021, the conglomerate generated over $276 billion in total revenue.
And Buffett has about a 38% stake in the company, which means he’s one of the wealthiest people on the planet. As of today’s publication date, his net worth sits at $93.3 billion.
In the long run, Berkshire Hathaway has outperformed the market by a landslide. Here’s a look at the holding company’s compounded annual gain, and overall gain, compared to the S&P 500:
| Berkshire Hathaway | S&P 500 | |
|---|---|---|
| Compounded Annual Gain (1965-2021) | 20.1% | 10.5% |
| Overall Gain (1964-2021) | 3,641,613% | 30,209% |
Note: These figures are from Berkshire Hathaway’s (BH) Annual Report. BH’s market value is after-tax, and S&P 500 is pre-tax, including dividends.
According to the conglomerate’s website, it owns 62 different companies outright, including big names like GEICO, Dairy Queen, Kraft Heinz, and Duracell, and also has large investments in companies like Apple, Wells Fargo, and Coca-Cola.
However, as the graphic above indicates, the exact composition of its portfolio has certainly evolved over the years. As of June 2022, here’s a breakdown of Berkshire Hathaway Holdings:
| Company | Value (Millions) | % of Portfolio |
|---|---|---|
| Apple | $122,337 | 40% |
| American Express | $21,016 | 7% |
| Bank of America | $31,444 | 10% |
| Coca-Cola | $25,164 | 8% |
| Chevron | $23,373 | 8% |
| Kraft Foods | $12,419 | 4% |
| Other | $71,559 | 23% |
It’s a well-balanced portfolio of big tech, banks, and consumer goods. Despite being 92 years old, Buffett remains the chairman and CEO of the conglomerate.
As for future succession plans, Greg Abel has been selected as the successor to Buffett as CEO, while the the Guardian has reported that Buffett’s oldest son Howard is expected to take over as non-executive chair when his father is no longer in charge.
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
United States
Visualizing the Most Sought-After Entry Level Jobs in 2023
Some jobs need a degree, while others don’t. Here are the top 20 most sought-after entry level jobs with and without a degree.
The Most Sought-After Entry Level Jobs of 2023
In the fast-paced realm of job hunting, staying ahead of the curve is crucial. And if you are an entry-level job applicant, the pressure is a notch higher.
New entrants in any job market today compete with groundbreaking technology like ChatGPT in addition to their peers. In the United States, these applicants have to also wade through an uncertain labor market, inflation, and long lists of job requirements.
Indeed.com has identified the most sought-after entry level positions for applicants both with and without a degree in the U.S., and the year-on-year growth of these job postings.
Most Sought-After Entry-Level Jobs With a Degree
As the U.S. job market recovers from its pandemic slump, some careers are now booming. This in turn has opened up numerous opportunities for entry-level job applicants.
| Rank | Job Title | Average Annual Salary | Change in Postings (2022‒2023) |
|---|---|---|---|
| 1 | Outside Sales Representative | $60,000 | +258% |
| 2 | Transportation Coordinator | $47,500 | +227% |
| 3 | Quality Auditor | $84,500 | +131% |
| 4 | Accounting | $52,000 | +125% |
| 5 | Tax Preparer | $67,500 | +123% |
| 6 | Loan Processor | $55,000 | +100% |
| 7 | Retention Specialist | $50,000 | +100% |
| 8 | Network Operations Technician | $85,500 | +94% |
| 9 | Mental Health Manager | $42,000 | +93% |
| 10 | Speech-Language Pathologist | $60,000 | +84% |
| 11 | Geotechnical Engineer | $65,000 | +80% |
| 12 | Patient Access Manager | $90,000 | +77% |
| 13 | HR Coordinator | $67,500 | +75% |
| 14 | Lead Generation Specialist | $62,500 | +73% |
| 15 | Design Coordinator | $55,000 | +73% |
| 16 | Pharmaceutical Sales Representative | $74,378 | +71% |
| 17 | Behavioral Therapist | $50,000 | +68% |
| 18 | Special Events Coordinator | $54,000 | +67% |
| 19 | IT Engineer | $92,500 | +67% |
| 20 | Structural Engineer | $90,000 | +63% |
The demand for sales jobs multiplied this year as customer-facing businesses slowly returned to their pre-pandemic levels.
At the top of this list is the job for an Outside Sales Representative. Paying upwards of $60,000, postings for this job have grown by over 250% in a year, making it the most sought-after position for applicants with a degree.
The healthcare industry has secured its place in the top ranks too. Careers including mental health case managers, speech pathologists, behavioral therapists, and patient access managers dominate the Top 20 list.
Let’s not forget about the tech sector. While entry-level network technicians can earn upwards of $85,000 on average, while IT engineers are paid an entry package of over $90,000.
Most Sought-After Entry-Level Jobs Without a Degree
Nearly 65% of the U.S. working population does not have a four-year degree. However, millions of these workers continue to be highly skilled across professions and have a shot at some of the most sought-after entry level jobs in the country.
| Rank | Job Title | Average Annual Salary | Change in Postings (2022‒2023) |
|---|---|---|---|
| 1 | Inventory Manager | $59,000 | +189% |
| 2 | Auto Body Technician | $82,500 | +100% |
| 3 | Environmental Health and Safety Specialist | $65,000 | +100% |
| 4 | Salon Manager | $41,000 | +95% |
| 5 | Drafting Technician | $50,000 | +94% |
| 6 | Business Analyst | $72,500 | +82% |
| 7 | Sheet Metal Mechanic | $62,140 | +67% |
| 8 | Aircraft Maintenance Technician | $57,500 | +64% |
| 9 | Catering Manager | $47,500 | +56% |
| 10 | Transportation/Logistics Coordinator | $62,500 | +53% |
| 11 | Route Sales Representative | $50,000 | +51% |
| 12 | Rental Agent | $45,520 | +50% |
| 13 | Distribution Center Coordinator | $52,500 | +47% |
| 14 | General Maintenance Technician | $40,650 | +46% |
| 15 | Patient Care Coordinator | $43,152 | +44% |
| 16 | Forestry Technician | $45,760 | +43% |
| 17 | Relationship Banker | $43,576 | +43% |
| 18 | Field Sales Representative | $57,018 | +42% |
| 19 | Park Ranger | $45,912 | +42% |
| 20 | Warehouse Receiver | $45,000 | +39% |
One example of this job is that of an Inventory Manager. The demand for skilled inventory managers in warehouses and companies post-pandemic has doubled the position’s job share in a year.
One of the highest paying non-degree jobs in this list—Auto Body Technician—can fetch highly-skilled entry-level workers a salary of $82,000 per year.
These jobs don’t seem to require a degree according to Indeed. However, the rising competition for these positions might give the upper edge to applicants with one, especially for jobs on the list such as Business Analyst and Relationship Banker.
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