Aug
14

Buffett’s Berkshire Adds to Bets on Goldman Sachs, Southwest

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  • Berkshire’s stake in Goldman was $2.9 billion at end of June
  •  Company trims stakes in American Airlines, Wells Fargo

Berkshire Hathaway Inc. added to its stakes in two of Warren Buffett’s most favored industries as the billionaire investor widened bets in banking and the airline industry.

Berkshire boosted investments in Goldman Sachs Group Inc., US Bancorp, Delta Air Lines Inc. and Southwest Airlines Co. in the second quarter, the Omaha, Nebraska-based company said Tuesday in a filing. Buffett’s company now holds 13.2 million shares in Goldman Sachs, valued at $2.9 billion at the end of June…

Buffett’s Berkshire Adds to Bets on Goldman Sachs, Southwest

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