In 2005, Berkshire Hathaway bought about a million shares of Lexmark. I havent followed this story closely, but I assume the stock was purchased by Lou Simpson rather than Warren Buffett. I have only two reasons for believing this: the total purchase was small relative to Berkshires investable assets and the Lexmark purchase is typical of Simpsons investment philosophy (or at least, what little I can glean about his investment philosophy from his past purchases). Regardles…
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