This is Official List of Berkshire Hathaway Owned Subsidiary Companies, Including Clayton Homes, But It is Arguably Incomplete – Facts with Commentary


What follows is cut and paste from the Berkshire Hathaway website on 3.9.2024. So, it is their ‘official’ list of companies held by that conglomerate. It may be technically correct in some weird or convoluted legal sense. But it is arguably incomplete for several reasons which will be demonstrated during the course of this focused article. Providing this list of Berkshire owned brands should not be construed as an endorsement of Berkshire and its subsidiaries in any sense. As an editorial disclosure to the commentary that follows, it is fair to say that our reporting of Warren Buffett led Berkshire Hathaway (BRK) has gone from a kind of admirer decades ago to a critic of that firm and several of its leaders, including Buffett himself. The evolution of our editorial view of Berkshire is somewhat like Robin Harding’s, who wrote in the Financial Times: “Growing up, I admired nobody more than Warren Buffett, the greatest investor ever…” “But however much you admire the man, his influence has a dark side because the beating heart of Buffettism… is [his] completely honest desire to reduce competition. He just calls it by a folksy name – “widening the moat.” “The Buffett definition of good management is therefor clear. If you have effective competitors, you are doing it wrong.” “Nor is there a simple solution. Better antitrust solution would help.” “Mr. Buffett is brilliant at buying into monopoly profits, but he does not start companies or gamble on new ideas.”

So, someone can begin as a ‘fan’ of Buffett’s and then, as new information is gleaned, or new and prior experiences are digested, mulled and objectively considered, a fresh understanding of Buffettism and its impact on America and manufactured housing may emerge.

The pivot by L. A. “Tony” Kovach and this publication from a kind of cheerleader of Warren Buffett and Sam Zell to a critic years later is illustrated by looking at an article in the now defunct Manufactured Home Merchandiser Magazine authored by Kovach entitled: “Two Words for Manufactured Housing Industry Survival.”

That noted, this report with analysis includes firms whose products and/or services we have in days passed or more recently been customers of or even fans of, until we became more keenly aware of the arguably harmful and probe practices of Buffet, his “castle and moat” philosophy, his potentially weaponized use of nonprofits, and more. As a personal example, this writer personally likes Dairy Queen’s (DQ) Dilly Bar, along with several other DQ treats. I was a routine customer of DQ for decades. Compared to days gone by, my patronage of that firm has slowed to a crawl as the arguable evils of Buffett’s philosophy came more clearly into focus. I’ve not called for a boycott of DQ, that’s potentially problematic (meaning it could carry legal liability). But if others use this list to avoid doing business with a Buffett brand for their own reasons, that is a matter of free will. No doubt some do business with these brands for the opposite sort of motiving reason, such as Buffett’s well-known support for abortion, the abortion industry, and like his recently eulogized ‘radical’ partner at Berkshire Charlie Munger, numerous leftist causes.

So, Part I of this report will examine the ‘official’ list of brands wholly owned Berkshire.


How Billionaires Traded Separation of Powers for Feudalism-Hanne Nabintu Herland Named Buffett Ally-Feudal Overlords Population Become Dependent on Put in Fearful Subordination-BRK; plus MHMarkets

In Part II, MHProNews will briefly consider some firms missing from this list that are directly tied to manufactured housing.

Part I


Acme Brick Company IMC International Metalworking Companies
Alleghany Corporation IPS
Ben Bridge Jeweler Jazwares
Benjamin Moore & Co. Johns Manville
Berkshire Hathaway Automotive Jordan’s Furniture
Berkshire Hathaway Direct Insurance Company (THREE) Justin Brands
Berkshire Hathaway Energy Company Kraft Heinz
Berkshire Hathaway GUARD Insurance Companies Larson-Juhl
Berkshire Hathaway Homestate Companies LiquidPower Specialty Products Inc. (LSPI)
Berkshire Hathaway Specialty Insurance Louis – Motorcycle & Leisure
biBERK Business Insurance Lubrizol Corporation
BoatU.S. Marmon Holdings, Inc.
Borsheims Fine Jewelry McLane Company
Brooks MedPro Group
BNSF MiTek Inc.
Business Wire MLMIC Insurance Company
Central States Indemnity Company National Indemnity Company
Charter Brokerage NetJets®
Clayton Homes NFM
CORT Business Services Oriental Trading Company
CTB Inc. Pampered Chef®
Duracell Pilot Travel Centers
Fechheimer Brothers Company Precision Castparts Corp.
FlightSafety RC Willey Home Furnishings
Forest River Richline Group
Fruit of the Loom Companies Scott Fetzer Companies
Garan Incorporated See’s Candies
Gateway Underwriters Agency Shaw Industries
GEICO Auto Insurance Star Furniture
General Re TTI, Inc.
Helzberg Diamonds United States Liability Insurance Group
H.H. Brown Shoe Group W&W/AFCO Steel
HomeServices of America XTRA Corporation
International Dairy Queen, Inc.

Berkshire also owns a stake in numerous brands, as part of the illustration reflects sourced from Market Business News reflects. More on that in our planned follow up report. That noted, some of the images in the featured image at the top have changed. Don’t rely on it as current information. For instance, per Copilot on 3.11.2024.

BingCopilotAI-Screen1.3.2024MHLivingNewsAs of recent reports, Berkshire Hathaway has made significant changes to its holdings in both IBM and Wells Fargo:

  1. IBM:
  2. Wells Fargo:

In summary, Berkshire Hathaway has exited its position in IBM and reduced its stake in Wells Fargo. The investment landscape is always dynamic, and these decisions reflect the ever-evolving strategies of one of the most prominent investment firms in the world. …”


Part II – Additional Information with More MHProNews Analysis and Focused Commentary 

As a programming notice, MHProNews plans to dig further into Warren Buffett let Berkshire Hathaway (BRK), so this article will set the stage for what is coming.

Perhaps still not exhaustive, but some of the companies that are also owned by Berkshire outright that are not on this list are 21st Mortgage Corporation (21st) and Vanderbilt Mortgage and Finance (VMF). There are times when Berkshire shows them as being under the Clayton Homes umbrella.

NAI is another firm that is owned by Berkshire but doesn’t appear in the listing above. Here is an item from their website: “NAI Iowa Realty Commercial is a Berkshire Hathaway affiliate and a wholly-owned subsidiary of HomeServices of America, Inc. ” Commercial real estate broker, active in the manufactured housing community is “NAI Iowa Realty Commercial is proud to be part of the Berkshire Hathaway family of companies.”

It isn’t just Robin Harding at the Financial Times who has critiqued Buffett and his “moat” philosophy as a harmful form of capitalism, rather than a generally positive development in an industry.  Nor is Harding’s analysis of Buffett’s “moat” philosophy lacking in support from those within Buffett World, including Kevin Clayton and Manufactured Housing Institute member Andy Gedo.




By limiting or controlling capital access, Berkshire owned Clayton Homes was able to gobble up considerable portions of the manufactured housing industry. That is part of the argument made by the Manufactured Housing Association for Regulatory Reform (MHARR), Doug Ryan at what today is called Prosperity Now, and several other observers and critics, including multiple members of Congress. When offered opportunities by MHProNews to respond, Berkshire linked attorney and partner of the late Munger, Ron Olson repeatedly declined comment. See the related reports to learn more. Watch for a planned follow up report. It should be groundbreaking. ##


Berkshire-linked Joanne M. Stevens.





Tom Hodges – General Counsel, Clayton Homes, and former Manufactured Housing Institute (MHI) Chairman and board member.


SandyGarrettJdChiefDisciplinaryCounselTBPR.orgSupreme CourtTennesseeTom HodgesJd; HowManufacturedHousing CouldAchieve HigherSales, ProfitsSundayWeeklyHeadlinesRecapMHProNews


Tim Williams, CEO of Berkshire owned and Clayton’s sister brand, 21st Mortgage Corporation.




RaymondLeechBerkshireBankFannieMaeStunningDevelopmentTim Williams21stMorgCorpBRKpicMHILogoDTS.FHFA.GSEsZoningEnhancedPreemptionManHousingImprovementAct2000MHVilleUpdateMHProNews


Report posted on January 21, 2018. Still relevant insights into the behind-the-scenes machinations by power players involved at the Manufactured Housing Institute (MHI).






See the related report linked here.



Claytonhomessubsidiariesdiscriminatelowmoderateincomeminoritybuyershighcostloansleavemaxinewatersca dclaytonlogo21stmortgagelogovanderbiltmortgagelogo



Note: some of the comments posted by viewers of the video above who assert they are/were customers of Clayton Homes, 21st Mortgage Corp, or Vanderbilt Mortgage and Finance (VMF) on that YouTube page are heartbreaking.


Remarks by employees, past and present, of Clayton Homes and other ‘leading’ MHI firms are in the articles that follow.








CPO Chase McGee-Clayton Homes Chief People Officer-Scanlan Recruiting says Clayton Culture ‘Legendary’ – Editorial Eyes Ultimate Clayton Homes Resource for Biggest Manufactured Housing Builder

One of the best summaries of a rigged system that could be applied to how Berkshire and certain “predatory” brands operate in manufactured housing is by actor Danny Glover, who said the following. Glover has served on a Berkshire Hathaway nonprofit board.  Glover said: “It’s not only a monopoly of wealth; its a monopoly of information as well.”


Quote from the full length and award-winning Shadows of Libertydocumentary drama. Shadows exposed several aspects of the political, media, corporate, and regulatory nexus by interviewing insiders involved in it. It explores examples from left and right with the impact of money and information manipulation. Glover has served on a Warren Buffett funded board.


Buffett and Gates Quotes and Insights

Not long after what is now called MHProNews originally launched over 14 years ago, this platform encouraged readers to invest ten to fifteen minutes a day in reading. Fast forward to 2023, and there is evidence that thousands of readers may be spending 30 minutes to an hour or more reading reports and analysis on MHProNews daily. To be able to compete successfully with Buffett and those who follow his moat and other tactics, it is just common sense that the more you know, the better you understand and the more likely you can establish plans that can successfully navigate the threats that are apparently posed by Buffett, his brands, and their allies.
A slide in a presentation by Williams to MHI. It was provided by Williams to MHProNews. The opposition to the “progressive ideology,” in hindsight, is contradicted by Buffett late partner Charlie Munger’s law firm bragging about how progressive they are. Buffett and Munger share such views. This is one of several possible examples of paltering by leaders of Berkshire owned brands in their role at their own firms and/or in their role at MHI. 
This statement is revealing. A parasite feeds on its host. Bill Gates admits he thought ill of Warren Buffett. But they got together on numerous business, nonprofit, and political levels. Clearly, whatever held Gates back he overcame. What he didn’t claim in this quote is that Buffett changed. There is an inference that Gates learned from Buffett and embraced that parasitic business model.

Other Berkshire-linked reports:



By keeping the market underperforming, it de facto causes all business in it to be undervalued. Just luck, or is it part of the Buffett ‘Castle and Moat’ strategic plan to create a slowly developing monopoly?

‘Absence of DTS Allows Market Domination by Berkshire Hathaway/Clayton Homes Affiliated Lenders Vanderbilt Mortgage and 21st Mortgage’ ‘3 Principal MH Bottlenecks’ AI-Facts/Analysis; plus MHMarkets

Since Buffett’s entry into manufactured housing, the industry has never recovered to its late 1990s high. Coincidence?


See the Rise and Fall of HUD Code Manufactured Housing. and the lessons learned from the California ADU phenomenal growth.




Other manufactured housing industry and its 21st century underperformance linked reports.


ManufacturedHousingInstituteHitByAntitrustAllegationsInOpEd_MHI-AttorneyDavidGochMollyBoyleAskedRespondEvidenceBasedConcernsCopilot-AiFac CheckRefersToMHIsOrwellianApproachMHProNews


True Tale of Four Attorneys Research into Manufactured Housing – What They Reveal About Why Manufactured Homes Are Underperforming During an Affordable Housing Crisis – Facts and Analysis

Tipsters? Forward or Submit items at this link here.
Employees of a “predatory” MHI brand? Click here.

IntelligenceDefinitionOxforLanugaguesIntelligenceForYourMHLifeMHProNews - Copy
No one connects the dots in MHVille like MHProNews and MHLivingNews. Who says? Competitors. Manufactured home industry outsiders, but also from MHVille insiders.
“There are many kinds of journalism, but at the heart of their constitutional responsibilities, journalists are in the business of monitoring and keeping a check on people and institutions in power.” – American Press Institute.


Click here to subscribe to the most complete and obviously most read manufactured housing industry news in seconds. Enter your desired email address, press submit, confirm in your inbox. Then You’re All Set for x2 weekly emailed news updates!
To report a news tip – either ON or OFF the record – click the image above or send an email to – To help us spot your message in our volume of email, please put the words NEWS TIP or COMMENTS in the subject line.

Again, our thanks to free email subscribers and all readers like you, as well as our tipsters/sources, sponsors and God for making and keeping us the runaway number one source for authentic “News through the lens of manufactured homes and factory-built housing” © where “We Provide, You Decide.” © ## (Affordable housing, manufactured homes, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

Our son has grown quite a bit since this 12.2019 photo. All on Capitol Hill were welcoming and interested in our manufactured housing industry related concerns. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included the Constitution of the United States, bottled water, and other goodies.

By L.A. “Tony” Kovach – for

Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing.

For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and

This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

Connect on LinkedIn:



Related References:

The text/image boxes below are linked to other reports, which can be accessed by clicking on them.’

MHI to HUD-MHCC ‘DOE Rule Will Be Severe’ DOE MH Energy Rule ‘Litigation Tactic’–Cite Sierra Club Suit-Lost Manufactured Home Sales-MHI’s Detailed Statement with Facts and Analysis; plus MHMarkets

No More Sacred Cows – 50 States Monthly Data-Analysis Includes Urban Institute’s Goodman Other Potent Insights on Why Manufactured Housing is Underperforming in an Affordable Housing Crisis

Fact Checking Manufactured Housing Institute Email News-‘Rep. Norman w/23 Added House Members Urge Appropriations Committee to Stop DOE’s MH Standards in Final Spending Package;’ plus MHMarkets

‘If We Keep Doing What We’ve Been Doing We Will Keep Getting What We Got!” – MHIdea-Post-Production Trade Association(s) Status – MHI, MHARR, NAMHCO, Other Examples Considered – Full Transcript plus Analysis


Photo credit: Sunshine Homes. Red Bay, AL,



Doc Drop – As Sales, Production Fall During Affordable Housing Crisis Why Won’t the Manufactured Housing Institute Fight for Good of All Segments of the Manufactured Home Industry? Plus MHMarkets Update

Two More Class Action Antitrust Suits Hit High Profile Manufactured Housing Institute Members and MHI State Affiliate Members, Towsend in Case No. 1:23-cv-16462 and Muns; Pleadings and Analysis

Manufactured Housing’s Rorschach Test – How You See the Facts, Visuals, Narratives and Evidence Speaks Volumes; plus Sunday Weekly Manufactured Home Industry (MHVille) Headlines in Review

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top