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Warren Buffett Builds US$10.7bn Investment In IBM

Warren Buffett, CEO of Berkshire Hathaway, has disclosed that his firm has spent US$10.7bn on buying 64m shares in IBM, which amounts to a 5.5% stake in the technology firm. Buffett has previously avoided all tech stock, but has seen his investment in IBM gain more than 10% in value through the year so far.

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