Warren Buffett's Favorite Stock Reaches $1 Trillion Milestone

Reported about 1 month ago

Berkshire Hathaway, led by Warren Buffett, has become the ninth public company to achieve a market capitalization of at least $1 trillion, marking a significant milestone that emphasizes Buffett's long-term investment strategy. Despite recent net-selling of equities, Buffett remains active in share buybacks, having repurchased nearly $78 billion of his company’s stock over six years, which has reduced its outstanding shares and increased the ownership stakes of shareholders.

Source: YAHOO

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