Warren Buffett snaps up 35 percent stake in once huge music company he bets is making a comeback

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Warren Buffett snaps up 35 percent stake in once huge music company he bets is making a comeback

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Warren Buffett has upped his stake in another forgotten company recent days - and the share price has surged 12 percent since news broke. The 94-year-old runs Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. Known as the 'Oracle of Omaha,' Buffett - who is worth $148 billion - is one of the best-known investors of all time. As a result, other investors - big and small - closely watch his moves for clues.
Read More >> Full Article on Source: MAG NEWS
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