WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Sunday, September 29, 2013

Warren Buffet takes a bite out of Conn. Real Estate

With the housing market percolating again, particularly in Fairfield County, Warren Buffett's real estate arm has jumped into the stew after taking over Prudential Connecticut Realty this week.

Prudential Realty "is one of the largest real estate enterprises in the country and highly respected in the industry," Ron Peltier, CEO and chairman of Berkshire Hathaway HomeServices (BHHS) in the U.S., told more than 1,500 Prudential brokers and employees at the Toyota Oakdale Theater in Wallingford on Wednesday. "Prudential as a real estate brand is going away. We wanted to be a franchise business and have a national network and one around the world."
http://www.ctpost.com/news/article/Warren-Buffet-takes-a-bite-out-of-Conn-real-4852766.php

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