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Warren Buffett Tells Investors To 'Bet On America,' Buying Stocks For Long-term Gain
5 years ago
~1.8 mins read
The annual Berkshire Hathaway stockholders meeting, known as Woodstock for Capitalists, is typically a mecca for investors, with thousands of people traveling to Omaha, Nebraska, for a festive weekend centered around Buffett's ruminations on the economy, stock picks and other topics.
But like so many events, the annual pilgrimage was disrupted by the coronavirus pandemic. Buffett, Berkshire Hathaway's chairman and CEO, dispensed his advice solely via live stream Saturday on Yahoo Finance alongside the company's vice chairman Greg Abel.
Though Buffett was unable to mingle with attendees, the "Oracle of Omaha'' continued his tradition of presiding over an hours-long presentation and answering questions submitted by investors.
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