The AI-driven fund has seen higher annual returns across a 10-year period compared with an industry benchmark, per the firm.

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W arren Buffett has long been known and admired around the world for doing something that is, at its essence, mundane. He is not a brilliant artist or a great inventor or a record-setting athlete.

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Chair Lori McFarland defended the selection process, saying that it is dictated by state law and Democratic party by-laws.