Warren Buffett Has Invested $2.9 Billion in His Favorite Stock This Year (Hint: Not Apple)

In 1962, Warren Buffett began buying stock in a textile manufacturing company called Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). In 1965, he assumed control of the New England operation and began using it as a holding company to acquire other businesses and buy stocks.

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