The stock market rout this year has clobbered many investors, but after largely sitting on the sidelines during the pandemic, one of the world’s best-known dealmakers, Berkshire Hathaway boss Warren Buffett, has seized the moment to strike. As the FT’s Eric Platt reports, Buffett’s prudence meant he could amass a war chest of funds, which gave him the firepower to go on a buying spree for bargains this year.
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