‘Spend it wisely’ and maintain stable currency: Warren Buffett’s advice to Trump
Saturday, 22 February 2025 Warren Buffett celebrated Berkshire Hathaway's growth in his annual letter, praising his successor, Greg Abel. He highlighted Berkshire's significant tax contributions and subtlety urged the government to spend wisely. Berkshire has doubled its cash reserves to $334.2 billion after selling Apple and Bank of America stocks, and increased investments in Japan. The upcoming shareholder meeting will be shorter, reflecting Buffett's advancing age.
Investing in 2025 presents unique challenges for stock market investors, primarily due to high interest rates, overvalued stock prices, and rampant speculation. These factors create a tough environment for us as we navigate our investment strategies this year. Warren Buffett's insights on...