Warren Buffett: America Has Never Been Greater | February 26, 2016

Warren Buffett, chairman and CEO of Berkshire Hathaway, addresses recent market volatility and the economic outlook following his annual shareholder letter. He maintains that short-term market fluctuations are irrelevant, emphasizing that American business will continue to grow in value over the long term. Buffett remains a consistent net buyer of stocks, viewing price declines as buying opportunities rather than reasons for concern. While industrial sectors like rail and energy are experiencing softness, the broader economy maintains steady growth. Additionally, he discusses the impact of distracted driving on GEICO’s underwriting experience, the strategic importance of prioritizing long-term business fundamentals over daily price quotes, and his firm’s approach to evaluating investments like IBM and American Express based on their multi-year potential rather than immediate market performance.