Billionaire businessman Buffet said that the current period is a good opportunity to buy shares cheaply.
Warren Buffet, CEO of Berkshire Hathaway, one of the world's largest holding companies, spoke to CNBC. Buffett also stated that the general outlook of the trade has not changed and investors should think long term while buying shares.
Buffet also stated that tariffs are still a big question mark for trade, while for the current economic outlook, he used strong but slightly weak statements compared to six months ago.
Warren Buffet: It's Time to Share
Speaking about low
interest rates in the US, he said this would positively affect shares in the long run if bonds continued at current levels. He also stressed that the contribution of low interest rates to the national budget would be positive.
Buffet also said what the trade would be in five years, and said this should be evaluated in the long term.