95-Year-Old Buffett Said 7 Things: Now Is Not the Time to Bottom-Fish, Nuclear Weapons Will Eventually Be Used
Warren Buffett, at 95 and recently stepped down as CEO of Berkshire Hathaway, remains actively involved, still going to the office daily and consulting on investments, though he defers final decisions to his successor, Greg Abel. He admitted selling Apple stock too early but still holds a significant stake, emphasizing he would buy more only if the price drops sufficiently, not at current levels. Despite recent market declines, he remains calm, recalling far steeper drops in Berkshire’s history.
Buffett criticized the Fed’s 2% inflation target, advocating for zero inflation to preserve savings value, and praised Chair Powell’s crisis management. He announced the return of his charity lunch, now alongside Stephen Curry and his wife, with proceeds split between Glide Foundation and the Currys' charity.
He addressed his severed contact with Bill Gates post-Epstein files release, avoiding commentary due to potential legal implications. On global threats, he expressed grave concern over nuclear proliferation, especially involving Iran and North Korea, stating nuclear use is inevitable within centuries as more nations acquire them. Throughout, Buffett focused forward, avoiding nostalgia, still engaged with future economic and geopolitical shifts.
marsbit04/01 06:28
