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Aug. 6, 2012, 11:14 AMWarren Buffett appears to prefer cash over consumer stocks as the latest 10-Q from Berkshire Hathaway (BRK,BRK.A shows a buildup of the firm's cash position at the possible expense of powerhouse names such as Kraft (KFT +0.5%) and Procter & Gamble (PG +0.5%). Berkshire's cost basis in its consumer portfolio slipped to $9.84B from $12.3B during Q2. | 7 Comments
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