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Buffett Bets on Baby Boomers Drinking Wine

Berkshire subsidiary pays top dollar for distributor

By Kevin Spak, Newser Staff

Posted Mar 10, 2010 10:19 AM CST

(Newser) – Warren Buffett, who watchers had expected to buy a beer distributor, made a recent bet on wine instead, reports Business Insider, in a move that reflects the drinking habits of aging baby boomers. A subsidiary of Buffett’s Berkshire Hathaway has a deal in place... Read full story »

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Buffett Bets on Baby Boomers Drinking Wine

Berkshire subsidiary pays top dollar for distributor

investing • Warren Buffett • wine • Berkshire Hathaway

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