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Berkshire Hathaway has eliminated 10% of its outstanding shares, reflecting Warren Buffett's belief in the enduring power of buybacks. This move comes amid concerns about the stock market, as Buffett's valuation signal flashes a warning, according to Business Insider. Additionally, there are speculations about Buffett's worries regarding Bank of America's solvency. Despite these concerns, an analyst praises Buffett and Berkshire Hathaway for their continued performance. However, a new analyst is lukewarm on the conglomerate.
Warren Buffett's Berkshire Hathaway has a new analyst, and he is lukewarm on the conglomerate https://t.co/CpXUYWmhms
‘Oracle of Omaha continues to deliver’: An analyst praises Warren Buffett, Berkshire Hathaway https://t.co/DDAywZEQIb
In his 1999 Berkshire Hathaway Annual Letter, Warren Buffett explains that he and Charlie Munger aren't distressed by their lack of tech insights, as there are many areas where they lack expertise. Here's an excerpt from the letter: https://t.co/1AhPlfBDL7 https://t.co/hWp22ACFGa
