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Billionaire Warren Buffett's investment firm has reported that profits almost tripled in the third quarter. Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year. Full Article at BBC News
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Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year. Full Article at Huffington Post
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It’s easy to understand why Warren Buffett wants Burlington Northern Santa Fe. It has a great brand name, a business that’s easy to understand, a record of profits in any economy, and a top-notch management team. But why does the railroad want Buffett? Full Article at Fort Worth Star-Telegram
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Value Expectations is often critical of silly corporate acquisitions, where bidders overpay to add growth or strategic opportunities. Full Article at ETF Investor
