Hyatt Hotels to sell Miami Beach hotel for $232M with major renovation to follow

MoneyWise
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One of Warren Buffett's famous sayings is, "Be greedy when others are fearful." With the vast amount of selling in the past few weeks, Buffett is likely scooping up shares of his favorite companies at lower valuations. After all, Berkshire Hathaway has more than $106 billion in cash sitting on its balance sheet, just waiting to be put to good use.
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Warren Buffett bought about $2.5 billion worth of Citigroup. If you're looking for a low-risk approach to 'buy the dip,' this big banking bet is worth copying
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Motley Fool
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Hyatt Hotels to sell Miami Beach hotel for $232M with major renovation to follow

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