Berkshire Hathaway CEO Warren Buffett (R) talks to Microsoft founder Bill Gates as they play Bridge during the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, U.S. May 7 - Reuters
SEATTLE: Warren Buffett, who long shunned investments in technology stocks and then made an ill-fated bet on IBM, said that mistake shouldn’t discourage wagers on the broader industry.
“I thought it would do better in the six years that have elapsed than it has,” Buffett said of International Business Machines Corp (IBM) at the annual meeting of his Berkshire Hathaway Inc.
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