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February 28, 2012

Buffett: Stocks, houses are good deals today

By JOSH FUNK
AP Business Writer

OMAHA, Neb.— Billionaire Warren Buffett said Monday that stocks remain relatively cheap compared to other investments as the economy continues to improve. He also said that the company he heads is prepared to replace him whenever the need arises.

The chairman and chief executive of Berkshire Hathaway Inc. addressed a variety of topics during an interview on the cable TV network CNBC, two days after his annual letter to the conglomerate's shareholders was released.


 
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