Warren Buffett reassures Berkshire investors stocks are a better bet
Berkshire is ‘100% prepared’ for when he and 96-year-old vice-chair Charlie Munger are no longer around
23 February 2020 - 23:52
New York — Warren Buffett has forcefully defended Berkshire Hathaway's decision to invest heavily in stocks of companies such as Apple as he labours through a four-year drought since his last major acquisition of a company.
Buffett, 89, also used his annual letter to Berkshire shareholders at the weekend to say they should not worry about the future of the company, which is "100% prepared" for when he and 96-year-old vice-chair Charlie Munger are no longer around...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.