Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in Apple Inc (AAPL.O). Buffett also said investors are better off owning a basket of stocks than long-term bonds as a strong U.S. economy bolsters corporate profits, despite higher costs from tariffs. “I don’t know when to buy stocks, but I know whether to buy stocks,” Buffett, celebrating his 88th birthday, said on CNBC. …read more
Source:: Yahoo Finance
