After merging his several investment partnerships into one in 1962, Mr. Buffett began accumulating the stock of textile firm Berkshire Hathaway. (investopedia.com)
After taking the helm of struggling textile firm Berkshire Hathaway (NYSE: BRK) in the mid-1960s and turning it into an investment company, Buffett's steady hand helped the company to boost book value at Berkshire at a 21 % annual clip for the next 40 years. (streetauthority.com)
After the Civil War, the area became an important manufacturing center for textile firms and other industries, and the brothels were gradually replaced by clusters of cast - iron warehouses. (nytimes.com)