Warren Buffett Buys Massive Stake in IBM

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Insight on why Warren Buffett, Berkshire Hathaway chairman/CEO has bought about $10.7 billion in IBM stock and 64 million shares of the company this year. According to my calculations, IBM is now the largest holding in Berkshire Hathaway’s portfolio after Coca-Cola. Buffett also purchased more Wells Fargo, which is the third largest holding.

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