Friday, May 16, 2008

Buffett Buys on Health Insurance Dips

Textbook Buffett: If shares are plummeting, it might be a good time to buy more.
That, perhaps, explains Berkshire Hathaway’s additions to its holdings of UnitedHealth and Wellpoint during the first quarter of this year, as both companies’ stocks fell sharply. Berkshire Hathaway bought 300,000 shares of WellPoint and 400,000 shares of UnitedHealth, according to this [...]

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