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Buffett sticks by Wells Fargo amid cyber risk questions
Warren Buffett affirmed support for Wells Fargo at Berkshire's annual meeting in Omaha. He rejected calls for a special dividend while noting Berkshire has $109 billion in cash and remains open to acquisitions, buybacks, and continued Apple holdings. He warned cyber insurance is not yet a pioneer field.
MENTIONED IN THIS ARTICLE
Warren Buffett
Wells Fargo
Berkshire Hathaway
Buffett
Berkshire
Omaha
Investing
Century Link Center
Charlie Munger
Greg Abel
Ajit Jain
Tim Sloan
California
Florida
Cyber
CNBC
Dairy Queen
Duracell
Geico
Apple
Oracle of
U.S
China
iApple