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'Buy and Hold' Buffett Sells Remaining PetroChina Shares

Aggregated Source: Seeking Alpha China stocks
October 23, 2007|

"Our favorite holding period is forever." -Warren Buffett

Despite his reputation for "buy and hold forever," billionaire Warren Buffett said last week that his company, Berkshire Hathaway, had sold all shares of PetroChina Co. Ltd (PTR), a Chinese oil conglomerate.

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