Billionaire Warren Buffett said during Berkshire Hathaway’s annual meeting in Omaha that he’s bullish on America’s economic prospects despite the bitter political divisions of today, although value investors like himself should get used to “making less” in part because so many are following similar strategies.
In the annual event that Buffett calls the “Woodstock for Capitalists” that draws tens of thousands of people to Omaha, the world’s sixth-richest person addressed issues like artificial intelligence, political division in Washington, and the debt ceiling standoff.
Buffett, who has run Berkshire Hathaway since 1965, and his business partner Charlie Munger, were set to answer questions all day Saturday inside a packed Omaha arena….