Warren Buffett state Nebraska city Omaha, state Nebraska pandemic economy Coronavirus Warren Buffett state Nebraska city Omaha, state Nebraska

Warren Buffett again encourages investors to bet on America

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OMAHA, Neb. – Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday.

Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that Berkshire Hathaway owns.

But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America.

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