Want to Beat Inflation? Warren Buffett Wisdom Says Buying These Two Stocks Can Help
Inflation may be slowing down, but it still remains near a 40-year high and is the primary reason the stock market's performance last year was its worst since 2008.
High inflation led the Federal Reserve to ramp up interest rates, causing stocks to fall as investors moved money to higher-yielding bonds and prepared for a possible recession this year.
At uncertain times like these, it's a good time to consult the wisdom of great investors like Warren Buffett, who was active in the market the last time inflation was this high, in the early 1980s. Back then, in his 1982 letter to shareholders, Buffett noted that businesses that outperform in inflationary environments have two qualities.
Source Fool.com