Warren Buffett: America's businesses 'usually find a way'
Warren Buffett remains a long-term bull on U.S. stocks despite concerns about his company's cash position, preferring to invest in equities over bonds or cash. The value of marketable equities held by Berkshire Hathaway declined last year, but the company's non-quoted controlled equities increased and remain significantly higher in value. Buffett's focus on American businesses and his preference for investing in them over cash-equivalent assets underscores his long-term optimism for the U.S. economy.
- Buffett's confidence in American business is rooted in its ability to adapt and innovate, which may be more resilient than other factors that can impact the economy.
- How will the cyclical nature of economic downturns affect Buffett's investment approach and the overall direction of the S&P 500?