The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Berkshire Hathaway

Capital · operating

~$371.4B/yr total revenue (FY2025); net premiums written ~$71.6B/yr — an operating conglomerate (insurance, BNSF rail, BHE energy, manufacturing), not a pure investment vehicle.

high confidence · as of 2026-07-26 · about Berkshire Hathaway

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