[ad_1] WASHINGTON: Billionaire investor Warren Buffet said Saturday that he is confident the US economy will recover from its beating from the coronavirus pandemic because “American magic has always prevailed.” The 89-year-old man made the optimistic prediction about the world’s largest economy, as his holding company Berkshire Hathaway reported first-quarter …
Read More »Warren Buffett: Buffett’s Berkshire Takes $ 69 Billion Hit on Stock Portfolio in First Quarter, Transfers Money to Treasuries
[ad_1] NEW DELHI: Legendary investor Warren Buffett, led by Berkshire Hathaway, bled badly in the March quarter thanks to a massive blow from the coronavirus crisis, and the company transferred some money from the stock to the safety of American treasures. The Omaha-based company reported a huge loss of $ …
Read More »