Publisher: Maaal International Media Company
License: 465734
US billionaire investor Warren Buffet has warned for hoarding cash and buying gold or bitcoin these days (time of war). He sees that investing in stocks is the best way to build wealth and the safest bet.
The investor and CEO of Berkshire Hathaway said in an interview with CNBC in March 2014 that if Russia attacked Ukraine at that time, he would not give away stocks.
He advised investors to trust in business and bet on stocks even in times of war adding that if things went down, the value of money would be lost.
So, the last thing an investor would want to do is holding money in times of war, Buffet added.
The legendary US investor has avoided doing business in Russia betting on US stocks and emphasizing that his country’s stock market soared even during WW2.
Never bet against America,” he said.