Warren Buffett Stakes $530 Million in Verizon

BLOOMBERG – Warren Buffett is labelled as one of the world’s shrewdest investors and when Mr. Buffett invests large sumS of money from his investment firm Berkshire Hathaway the market sits up and takes notice.

In the video below Bloomberg’s Noah Buhayar reports on Berkshire Hathaway’s disclosure of a $530 million stake in Verizon Communications, who is responsible for the stake and the company trimming its position in General Motors.

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