You could always count on the folksy and cheery optimism of Warren Buffett. But if you listened closely to Mr. Buffett over the weekend during Berkshire Hathaway’s shareholders’ meeting — his annual “Woodstock for Capitalists” was conducted virtually because of the coronavirus pandemic — his words often betrayed a deep sense of concern about the immediate future. That should be a warning to all investors and policymakers.

Source: New York Times May 03, 2020 20:17 UTC