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why warren buffett slashes ibm stake

Berkshire Hathaway

Why Warren Buffett sold about one-third of stake in IBM

May 10, 2017

Warren Buffett, who owned about 81 million shares in IBM at the end of 2016, sold off about a third of that stake in the first and second quarters of 2017. He told CNBC this in a report dated May 4, 2017 (Warren Buffett has sold IBM shares, and ‘revalued’ tech icon downward, cites ‘big strong…

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