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Hinting at a foray in India, he said it would not take much time before it pursues opportunities in the country He added Berkshire s new management will decide on investments in India.
Recently, Warren Buffet, one of the few investors emulated by many for his conviction in his investment philosophy, booked losses amounting to Rs 507 crore in One97 Communications—well known as Paytm.
Berkshire Hathaway s unit BH International Holdings sold about 1.56 crore shares in the digital payments company. As of September end, BH International Holdings held a 2.46% stake in Paytm.
Warren Buffett, known as the Oracle of Omaha and his ethical billionaire image, appears to have engaged in personal stock transactions contrary to declared principles, raising questions about conflict of interest and possible insider trading, the report said