Warren Buffet, the CEO of Berkshire Hathaway and one of the wealthiest men in the world spoke to his shareholders last weekend through his annual letter. He spoke about the state of the US economy. Buffet believes that the best economic days of this country are still ahead of us!
One of the of tenants of Berkshire Hathaway is to keep enough cash on hand for unforeseen events or investment opportunities. Speaking about this, Buffett said, “To update Aesop, a girl in a convertible is worth five in the phone book.”. It is great advice for all of us… to have enough cash in savings for unforeseen events or investment opportunities!
Click here to read more about his annual letter. If you did not know it, Reece and Nichols Realtors is a wholly owned subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate.
-Betsy, Atkinson-Thompson Group