Warren Buffett on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments.
- Warren Buffett on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments.
Buffett opened the annual meeting of his Berkshire Hathaway Inc in Omaha, Nebraska with 1-3/4 hour of remarks in which he tried to soothe shareholders as the pandemic batters the global economy and hurts even his own conglomerate. But he said Americans have persevered and prospered through such crises as the Civil War in the 1860s, the influenza pandemic a century ago and the Great Depression, and the “American tailwind” would help them do it again.
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