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14 May 2009

Warren Buffet Speech to shareholders of Berkshire Hathaway company

1. Warren Buffet during his annual general meeting of his comapny Berkshire Hathaway at Omaha, NebraskaHe stated that his company is likely to make mnore losses this year and thus he stated that yeear 2009 would not be a good year for the US. Hestated that the actions being taken by US govt is good but it will take time for these actions to bring fruits.

2. He defended himself by stating that economy had experienced “a financial hurricane” and thus even experts go wrong and thus they are also liable to make mistakes.

3. However he reconsoled the investors that equity is best despite this financial hurricane and he is an optimistic individual and economy will get revived.

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