Warren Buffett calls coronavirus outbreak 'scary stuff', but says he won't be selling stocks

Warren Buffett calls coronavirus outbreak 'scary stuff', but says he won't be selling stocks

The Edge Markets - World·2020-02-25 01:23

(Feb 24): Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Monday called the 2019 novel coronavirus (Covid-19) outbreak "scary stuff" but said  it is no time to sell stocks, despite the threat of a pandemic.

Speaking on CNBC, Buffett said investors with a 10- to 20-year time horizon and focused on companies' earnings power will fare well in stocks, and that the outbreak has "not changed" his long-term outlook.

……

Read full article on The Edge Markets - World

Business

Comments

Leave a comment in Nestia App