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They allowed users to create pages on which to publish photographs, household updates, and hyperlinks to the principally static pages of their pals and favorite bands. Buffett in contrast health care costs to a tapeworm, saying that they compromise US economic competitiveness by growing manufacturing costs. Buffett was raised as a Presbyterian, but has since described himself as agnostic. In 2013 he had an old Nokia flip telephone and had sent one email in his entire life. In February 2020, Buffett revealed in a CNBC interview that he had traded in his flip phone for an iPhone 11. Buffett reads five newspapers daily, beginning with the Omaha World Herald, which his company acquired in 2011.

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He later claimed that the textile enterprise had been his worst trade. He then moved the business into the insurance coverage sector, and, in 1985, the last of the mills that had been the core business of Berkshire Hathaway was sold. In 1961, Buffett revealed that 35% of the partnership’s belongings were invested in the Sanborn Map Company. He defined that Sanborn inventory offered for only $45 per share in 1958, but the firm’s investment portfolio was worth $65 per share.

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