Buffett, the Oracle of Omaha, backtracks on Oracle, the company
Updated : February 25, 2019 10:17 PM IST
Investors were flummoxed earlier this month when Buffett's company, Berkshire Hathaway Inc, revealed that during last year's fourth quarter it had exited a $2.13 billion stake in Oracle that it had taken the prior quarter.
It is rare for Berkshire, which owns some stocks for decades, to unwind an investment so fast.
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