Reported about 10 hours ago
Warren Buffett, CEO of Berkshire Hathaway, reaffirms his long-term confidence in U.S. stocks despite a notable increase in the company's cash reserves. In his latest letter to shareholders, he emphasizes that the majority of investments will remain in equities, stating that businesses historically adapt and flourish despite economic challenges. He advises maintaining focus on long-term investment strategies, acknowledging potential market volatility but underscoring the resilience of American enterprises.
Source: YAHOO