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Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Editor’s Picks 01 March 2016 at 0:57 GMT

Buffett says owning IBM shares could prove a mistake: CNBC

Reuters
Warren Buffett, chairman and chief executive of Berkshire Hathaway Inc, told CNBC on Monday the firm's ownership of IBM shares could prove a mistake and that he was buying more US stocks overall since the end of last year. "We've owned stocks that we've lost money in," said Buffett, the world's third-richest person. "If I'm wrong, you sell them out and take a big loss. We've done that on a few occasions with stocks and bonds over the years." Berkshire, which held an 8.59% stake in IBM as of Dec. 31, 2015, said in an annual shareholder letter on Saturday that it planned to keep that stake despite a $2.6 billion paper loss at the end of last year. Buffett told the cable television network he did not think he was wrong for owning IBM shares so far, but said it "could be" a mistake.
Read full article at Reuters

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