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A "for sale" sign stands in front of a house in Pennsylvania, near Philadelphia, on June 8, 2018. A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday, July 27, 2022, in what they are calling the second-largest redlining settlement in history. (AP Photo/Matt Rourke, File)

DOJ: Buffett company discriminated against Black homebuyers

Two men take a break on a bench during the Berkshire Hathaway 2022 Annual Shareholders Meeting weekend at the CHI Health Center in Omaha, Neb., Friday, April 29, 2022. (Anna Reed/Omaha World-Herald via AP)

Buffett invests big chunk of Berkshire Hathaway’s cash

In this May 7, 2018 file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview in Omaha, Neb. The world's most expensive lunch will go on sale again this spring when Buffett auctions off a private meal to raise money for a California homeless charity one last time. Buffett held the online lunch auction once a year for 20 years before the pandemic began to raise money for the Glide Foundation, which helps the homeless in San Francisco. (AP Photo/Nati Harnik, file)

Pro-life activists protest Warren Buffett ahead of shareholder meeting

U.S. Sen. Bernie Sanders, I-Vt., speaks at a rally with striking Kellogg workers at Festival Market Square in downtown Battle Creek, Mich., on Friday, Dec. 17, 2021. Kellogg's reached a new tentative agreement this week with its 1,400 striking cereal plant workers that could bring an end to the strike that began Oct. 5. The results of the contract vote are expected to be released next week. (Alyssa Keown/Battle Creek Enquirer via AP)

Buffett rejects Bernie Sanders’ call to intervene in strike

FILE - Greg Abel is seen at the CenturyLink Center in Omaha, Neb., in this Saturday, May 5, 2018, file photo. Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report. Buffett confirmed the succession plan to CNBC on Monday, May 3, 2021, after Berkshire Vice Chairman Charlie Munger hinted at the news during the company's annual meeting on Saturday. The 90-year-old Buffett told CNBC that if anything happened to him, Abel would be the one to take the top post. (AP Photo/Nati Harnik, File)

When Buffett is gone, Abel will take over as Berkshire CEO

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett will spend Saturday afternoon fielding questions at Berkshire Hathaway's annual meeting, which is being held virtually. (AP Photo/Nati Harnik, File)

Warren Buffett warns investors not to gamble on stocks

Warren Buffett’s fortune tops $100B as his stock soars

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett is encouraging investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns. In a letter to his shareholders Saturday, Feb. 27, 2021, Buffett hardly mentioned the coronavirus that ravaged many businesses last year, saying American business will thrive over time despite the pandemic. (AP Photo/Nati Harnik, File)

Warren Buffett again encourages investors to bet on America

Buffett’s right-hand man says US stock market is overvalued

Buffett’s firm reveals new investments in Verizon, Chevron

Buffett urges graduates to be optimistic despite pandemic

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway said Monday, Aug. 31, 2020, it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment. Share prices of the five huge companies surged between 4% to 9.5% on Monday in Tokyo after the company announced the investment. (AP Photo/Nati Harnik, File)

Berkshire Hathaway takes stakes in Japanese trading houses

FILE - This March 3, 2020, file photo shows the Iron Gate Dam, powerhouse and spillway are on the lower Klamath River near Hornbrook, Calif. California Gov. Gavin Newsom has appealed directly to investor Warren Buffet to support demolishing four hydroelectric dams on a river along the Oregon-California border to save salmon populations that have dwindled to almost nothing. Newsom on Wednesday, July 28, 2020, wrote Buffet, urging him to back the Klamath River project, which would be the largest dam removal in U.S. history. (AP Photo/Gillian Flaccus, File)

California governor asks Warren Buffett to back dam removal

Buffett makes annual donations worth $2.9B to 5 charities

In this May 5, 2019, file photo, Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. (AP Photo/Nati Harnik, File)

Warren Buffett, Berkshire Hathaway CEO, optimistic U.S. economy will recover after coronavirus

Photos

FILE - In this May 2, 2016, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett is interviewed in Omaha, Neb. Buffett's Berkshire Hathaway is buying 700 million shares in Bank of America, making Buffett the largest shareholder in two of the nation's largest banks. (AP Photo/John Peterson, File)

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Quotations

Buffett has long said he believes Berkshire’s operating earnings are a better measure of the company’s performance because they exclude investment gains and losses, which can vary widely quarter to quarter.

Warren Buffett's firm reports $2.7B loss on investment drop →

Warren Buffett said that stuck with me was, ‘Don’t do what other people can do and will do.

Dolly Parton among Carnegie Medal of Philanthropy winners →

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