US economy’s unexpected strength benefits Berkshire: Warren Buffett

US economy’s unexpected strength benefits Berkshire: Warren Buffett

Warren Buffett said on Saturday that the U.S. economy is faring far better than he might have predicted early in the coronavirus pandemic, benefiting his conglomerate Berkshire Hathaway Inc. Speaking at Berkshire’s annual meeting, Buffett said the economy has been “resurrected in an extraordinarily effective way” by monetary stimulus from the Federal Reserve and fiscal … Read more

Charlie Munger feels ‘disgusted’ about Bitcoin; Buffett is ‘alright on that one’

Charlie Munger feels ‘disgusted’ about Bitcoin; Buffett is ‘alright on that one’

MUMBAI: Legendary investor Charlie Munger of Berkshire Hathaway is not happy with the success of cryptocurrencies like Bitcoin and Ethereum, as he sees them as “contradictory to the development of civilisation.” Cryptocurrency assets such as Bitcoin and Ethereum are now worth more than $2 trillion within just 12 years of their birth. Bitcoin alone today … Read more