Why I'm Not Counting Warren Buffett Out Yet
As one of the most popular investing personalities on earth, Warren Buffett is the subject of constant scrutiny. Markets turn on every word from the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO, and when people get a concentrated dose of Buffett at events like Berkshire's annual shareholder meeting in early May, they have a field day trying to parse through everything he says.
Berkshire's May 2 shareholder meeting, which was live-streamed from an empty arena because of the coronavirus pandemic, was an unprecedented event for Buffett. The Oracle of Omaha was adamant that the show needed to go on, spending hours talking and answering questions in addition to conducting the necessary business of an annual meeting. Critics have questioned Buffett's apparent demeanor during the presentation, suggesting that he wasn't as inspiring as he's been in past meetings.
Yet rather than jumping to conclusions about how his entire investing strategy might have done an about-face, the more likely explanation is one that millions of people are grappling with right now.
Source Fool.com
