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by siscia
3695 days ago
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It sound as a good news for everybody. Buffett is know for not putting too much pressure on his investments giving them the time to grow and be profitable. It is a strategy that worked pretty well, however a technology company is a different beast from the other companies in the Hathaway portfolio (winner takes it all/most), said so Yahoo can still an important player with the right management. |
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Buffet isn't bidding for the group, it wouldn't be part of the Hathaway portfolio. He's just providing the financial backing for Dan Gilbert.