Reported 7 months ago
Warren Buffett, known for his successful investment strategies, has suggested that Berkshire Hathaway, with its well-diversified equity portfolio and solid businesses, should be able to outperform the S&P 500 with lower risk for investors. While Buffett has added positions in companies like American Express and Coca-Cola, he believes that Berkshire Hathaway itself, including its equity portfolio and growing cash reserve, is the company to own for long-term growth and protection against economic downturns. Buffett's confidence in Berkshire's future is reflected in his significant personal investment and consistent share repurchases, making the current valuation of the stock attractive for potential investors.
Source: YAHOO