Oracle from Omaha, Investor and CEO of Berkshire Hathaway Warren Buffett shared a forecast about the economy and a pandemic. He called the main line of the latter – unpredictability – which had a bigger business stronger. This was about this billionaire told on CNBC TV channel.
“This is not the end. I mean, in terms of unpredictability. It was all very unpredictable, but for most people and companies turned out better than they expected,” said Buffett. As an example, he led the scope of car sales.
The biggest lesson learned from the pandemic, the billionaire called awareness, how bad the world could be prepared for emergency situations that will inevitably occur. “I realized that people know not so much, as they think. But the most important thing that you will learn is that the pandemic was to happen, and this is not the worst thing that can be imagined,” the investor believes. He stressed that society has to prepare for too long for things that are not yet, but they will sooner or later happen. For example, he is sure that there will be another pandemic. “We know that there is a nuclear, chemical, biological, and now cyber-based. Each has terrible opportunities,” he said, noting that he didn’t really believe in the ability of society to fully cope with the challenges of the future.
In May Warren Buffett chose his successor to the head of the company Berkshire Hathaway. According to a 90-year-old Buffetta, members of the Board of Directors came to the agreement that if something happens to billionaire, his place will take the vice president of Greg Abel.