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Buffett critical of Wall Street as Berkshire reports profit surge


Warren Buffett’s Berkshire Hathaway released his annual letter to shareholders. In it, he ramped up his criticism of Wall Street, saying investors should “stick with low-cost index funds.” “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients,” Buffett wrote....
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Source: New York Post


14:43, February 25, 2017 Post Staff Report

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