Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Thursday said the conglomerate has bought back its own stock for the first time since 2012 and has added a “little” to its already huge stake in Apple Inc. Buffett also said investors are better off owning a basket of stocks than 30-year bonds and other fixed-income securities as a strong U.S. economy bolsters corporate profits despite higher costs from tariffs, which have also affected Berkshire. “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
