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Friday, April 26, 2024

Warren Buffett’s Berkshire Hathaway plowed a net $3.8 billion into stocks last quarter – and slashed its spending on buybacks to $1 billion

Warren Buffett’s Berkshire Hathaway reported second-quarter earnings on Saturday that showed a strong performance from its operating businesses, but revealed the company slowed its rate of share repurchases and was far less active in the stock market than in the preceding three months. The famed …

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