Monday, May 16, 2016

Warren Buffett appears to be embracing technology with Apple investment and rumored Yahoo deal – Omaha World-Herald

Warren Buffett may seem to be heading in a new direction by latching onto two technology-based businesses, despite his oft-stated admission that he can't predict tech companies' chances of long-term success.

But behind Berkshire Hathaway Inc.'s new $ 1 billion investment in Apple Inc. and a rumored plan to become part-owner of Yahoo Inc. are ownership principles that Buffett has followed for decades as chairman and chief executive of the Omaha-based conglomerate.

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