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Berkshire’s Buybacks Cheer Investors. But Warren Buffett Is Not Buying Stocks.

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November 10, 2021
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Berkshire Hathaway‘s third-quarter earnings highlighted its financial strength and diversified earnings power, but also showed weakness in its insurance operations and minimal investment activity.

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 Investors were cheered by the company boosting its stock buyback activity as Berkshire repurchased $7.6 billion of stock in the period, above the $6 billion in the second quarter and $6.6 billion in the first three months of this year. The results were released Saturday morning.

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