A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - diversified holding company

LSDefine

A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.

✨ Enjoy an ad-free experience with LSD+

Definition of diversified holding company

A diversified holding company is a type of holding company that controls several unrelated companies or businesses.

  • Berkshire Hathaway is a diversified holding company that owns subsidiaries in various industries such as insurance, retail, and energy.
  • Alphabet Inc. is a diversified holding company that owns subsidiaries such as Google, YouTube, and Waymo.

These examples illustrate how a diversified holding company owns and controls multiple companies in different industries. This allows the holding company to spread its investments and reduce risk by not relying on a single industry or business.

Ethics is knowing the difference between what you have a right to do and what is right to do.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

A diversified holding company is a big company that owns many different smaller companies that do different things. It's like a boss that controls lots of workers who do different jobs. The holding company doesn't do the work itself, but it supervises and owns the other companies.

Behind every great lawyer is an even greater paralegal who knows where everything is.

✨ Enjoy an ad-free experience with LSD+

Law school is a lot like juggling. With chainsaws. While on a unicycle.

✨ Enjoy an ad-free experience with LSD+