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Warren Buffett annual letter

With $116 billion cash, Warren Buffett says Berkshire needs huge acquisitions

With $116 billion cash, Warren Buffett says Berkshire needs huge acquisitions

Sat, Feb 24, 2018

Last month, Warren Buffett gave greater oversight of Berkshire`s non-insurance businesses such as the BNSF railroad, Precision Castparts and Dairy Queen ice cream to energy executive Gregory Abel, while insurance specialist Ajit Jain added supervision of insurance operations such as the Geico auto insurer.

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