Business
‘Never bet against America’: Warren Buffett’s bullish letter to shareholders – The Sydney Morning Herald
Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy but his silence on some issues attracted criticism.
But he didnt offer much explanation for why Berkshire hasnt made a major acquisition in several years or discuss the companys recent major new investments in Verizon Communications and Chevron, leaving many investors wanting more.
The one thing that caught my eye about the letter was sort of what it didnt have, CFRA Research analyst Cathy Seifert said. I think what was notable was the fact that given everything thats gone on in this country from the pandemic to all the social unrest to the social…
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