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Buffett inches toward Wells Fargo exit

Warren-buffett

Since Charlie Scharf became the bank's CEO, Buffett's Berkshire Hathaway has unloaded most of its stake in Wells

Warren Buffett isn’t known to ask much of companies in which he buys stock. Then last year, as Wells Fargo & Co.’s top investor, he publicly advised the board not to hire a leader from Wall Street -- and it did.

What ensued shows what can happen when a company rejects the legendary invest

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