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Waiting for Warren Buffett to give his view of the world

2016-02-25 16:36:47| Railroads - Topix.net

Buffett wrote that Berkshire's net income in 2014 increased by $18 billion. That gain wasn't matched last year as freight volumes at Burlington Northern were flat, auto claims at insurer Geico were up, and share prices in two companies where Berkshire has major holdings, IBM Last year's letter ran to 43 pages, twice the usual length, amid the 50th anniversary of Buffett taking control of a failing textile firm and turning it into a huge conglomerate that today is America's fifth-biggest company.

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