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    Buffett Goes on Buying Spree as Stock Market Reels

    by Dan Burrows Aug 08, 2022 3 minutes

    Warren Buffett went bargain hunting with both fists in the second quarter, scooping up billions of dollars worth of equities amid the broader market's steep selloff.

    Berkshire Hathaway (BRK.B, $292.07) was a net buyer of stocks to the tune of $3.8 billion for the three months ended June 30. For good measure, Buffett, the conglomerate's chairman and CEO, also bought back $1 billion worth of Berkshire Hathaway's own stock. 

    The S&P

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