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Actionable news in IBM: INTERNATIONAL BUSINESS MACHINES CORPORATION,

Jim Cramer: Buffett Comments 'Oddly Removed' from What's Going On at IBM

NEW YORK (TheStreet) -- Berkshire Hathaway's (BRK.B)investment in International Business Machines (IBM - Get Report) could end up being a mistake, investor Warren Buffett told CNBC this morning.

Berkshire Hathaway's 2015 annual report showed the company lost $2.6 billion from its investment in the technology company as of December 31.

"What you pay for a stock doesn't mean anything. What means something is where the company's going to be in five to 10 years," Buffett told CNBC. "I think IBM will be worth more money but, like I said, I could be wrong but we'll accept that."

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However, Buffett's comments were "oddly removed from what's going on at IBM," TheStreet's Jim Cramer said this morning on...


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