Reported 2 days ago
Warren Buffett, at the Berkshire Hathaway annual meeting, expressed strong disapproval of protectionist trade policies and tariffs imposed by the Trump administration, stating, 'Trade should not be a weapon.' He warned that such policies have led to negative attitudes and emphasized the importance of global trade, even as he prepares to step down as CEO. Buffett also expressed caution regarding the overheated stock market, citing a decline in operating profits and a lack of attractive investment opportunities, while highlighting Berkshire's substantial cash reserves.
Source: YAHOO