The pandemic has not changed the long-term outlook. Despite the pandemic scare, this is not the right time to sell stocks. He said investors who focus on good companies with a 10- to 20-year timeframe in mind won’t make any difference. They will do well in the stock market.
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Don’t Trust Crypto: Buffett
Interview in Buffet said that he has no interest in crypto currency. He said that he does not have cryptocurrencies. He will never be in the future. He said that there is basically no value in cryptocurrencies. They do not produce anything. Buffett has always been critical of the world’s largest digital currency, BitCoin.
Buffett also said he has traded in his old feature phone. Instead, he has taken a new iPhone. Buffett said my flip phone is gone. The numbers have changed. He also gleefully said that if he hadn’t, he would have snapped it at the next Berkshire Hathaway meeting in May. Buffett is believed to be intentionally staying away from smartphones. Instead, he has been using Samsung’s flip phone until recently.
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Buffett’s company is among the most valuable companies in the world
Hathway is one of the most valuable companies in the United States. Its value is more than 560 billion dollars. Buffett’s company has a large stake in many blue-chip companies. These include Apple, Bank of America (BAC), Coca-Cola (CCEP), and American Express (AXP).undefined
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PUBLISHED FOR THE FIRST TIME : February 26, 2020, 12:05 IST
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