Still optimistic: A pedestrian walks past a Berkshire Hathaway HomeServices real estate office in California. Buffet retained his trademark optimism for Berkshire, buying back a record US$24.7bil of its stock in 2020 in a sign he considers it undervalued. — Bloomberg
NEW YORK: Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future of America and his company Berkshire Hathaway Inc.
Buffett used his annual letter to investors to assure he and his successors would be careful stewards of their money, where “the passage of time, an inner calm, ample diversification and a minimisation of transactions and fees” would serve them well.
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