Berkshire switches bets on banks, adds wager on Barrick Gold
Katherine Chiglinsky, Meghan Genovese and Bloomberg Automation
Warren Buffett's Berkshire Hathaway shifted investments in banks -- paring stakes in many of the financial industry's top names -- and bet on Barrick Gold despite years of chiding the precious metal.
Berkshire significantly reduced its stakes in JPMorgan Chase & Co and Wells Fargo & Co in the second quarter, according to a regulatory filing Friday (Saturday AEST).
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