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Buffett’s writings are known for holding quotations from sources as varied because the Bible and Mae West, as well as advice in a folksy, Midwestern style and numerous jokes. Buffett has been a supporter of index funds for people who are both not thinking about managing their very own cash or haven’t got the time. By 2017, the index fund was outperforming each hedge fund that made the guess against Buffett. On August 14, 2014, the value of Berkshire Hathaway’s shares hit $200,000 a share for the first time, capitalizing the company at $328 billion. While Buffett had given away a lot of his stock to charities by this time, he nonetheless held 321,000 shares price $64.2 billion. On August 20, 2014, Berkshire Hathaway was fined $896,000 for failing to report December 9, 2013, buy of shares in USG Corporation as required.
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