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Benzinga

Business

Wayne Duggan

This Day In Market History: Warren Buffett Enters The Insurance Business

Warren Buffett Berkshire

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.

What Happened? On Feb. 22, 1967, famed Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett invested $8.4 million in National Indemnity Company and National Fire and Marine Insurance Company.

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