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Buffett: Berkshire Bought "Cheap" Corporate Bonds Earlier This Year
Published:
Saturday, 2 May 2009 | 4:06 PM ET
Text Size 
By: Alex Crippen
Executive Producer
Executive Producer
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As today's Berkshire Hathaway shareholders meeting was ending, Warren Buffett revealed the company had "got a chance to buy some corporate bonds very, very cheaply a few months back."
He also says he bought some bonds for his own personal account.
Buffett's partner Charlie Munger added that some of the corporate bonds purchased by Berkshire are already up between 20 and 25 percent.
Current Berkshire stock prices:
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Class A: [US;BRK.A
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Class B: [US;BRK.B
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