Warren Buffet's Berkshire Hathaway Buy Back $9 Billion

Warren Buffett is known worldwide as an investment guru with a portfolio that includes utilities, railroads, and insurance. Definitely a good business model to follow. Recently Buffett bought back $9 Billion of its own shares of Berkshire . This reduces the amount of outstanding shares. Outstanding shares simply means the amount of shares investors owns. Buffet is a master of Buy Low & Sell High. Buybacks benefit investors by increasing share prices, effectively returning money to shareholders in a tax-efficient manner.

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https://www.cnbc.com/2020/11/07/berkshire-hathaway-earnings-q3-2020html.html