Warren Buffett buying stocks in market dip

Berkshire Hathaway, the investment company run by legendary investor Warren Buffett, is adding to its shareholdings of two US firms amid a market dip.

7th May, 2012
Warren Buffett: buying on the dip

Berkshire Hathaway, the investment company run by legendary investor Warren Buffett, is adding to its shareholdings of two US firms amid a market dip.

The billionaire investor Warren Buffett declined to identify the two portfolio stocks Berkshire was purchasing but said it had spent $60 million (€46 million) buying shares last Friday and would buy more today. It was not clear if the $60 million was spent on just two stocks.

Buffett, Berkshire's controlling shareholder, also forecast...

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