This document outlines the history of Berkshire Hathaway and Warren Buffett's investing strategies. It details how Berkshire Hathaway was formed through various mergers and acquisitions over the 1900s. It describes how Buffett helped finance Capital Cities Communications' acquisition of ABC in 1985 in exchange for a stake in the new company. It also lists Buffett's principles for investing, such as only investing in businesses he understands that have strong long-term prospects and are available at attractive prices.