Reported 4 days ago
As the S&P 500 has dipped nearly 4% this year due to economic concerns and trade tensions, Warren Buffett's Berkshire Hathaway has thrived, gaining over 16%. Berkshire's vast portfolio, strong cash reserves exceeding $330 billion, and diverse business operations make it a sought-after safe haven for investors. Despite challenges in the insurance sector, Buffett's leadership and strategic decisions position Berkshire as a formidable player, often viewed as an effective hedge against market volatility.
Source: YAHOO