Monday, February 29, 2016

Buffett invites in not not «to bet against America»

Washington (AFP) ¦ The multimillionaire philanthropist and sponsor of American capitalism Warren Buffett threw a warning on Saturday to the candidates committed in running to the White House: you should not «bet against America».
«It is one year of election and the candidates cannot help speaking about problems of the country (that they are really sure the only ones to be able to regulate)», was ironic Mr Buffett in his annual letter to the shareholders of his holding company Berkshire Hathaway, which has notably parts in groups Ketchup Heinz and Coca extract Cola.
«Due to this negative background noise, many Americans think that their children will not live as well as themselves. This impression is completely wrong», assured the old 85-year-old investor in reference to the message on the decline of America carried notably by the candidates in primary republican.
According to him, the babies who are born in the United States today will be on the contrary «luckier in History» and be able to benefit of much more goods and services than their precursors.
« Terrible error»
«During 240 years, it was a terrible error to bet against America and it is not the instant to begin. The hen in gold eggs American of innovation and of trade will continue laying of bigger and more many eggs», assured the one who is nicknamed «the oracle of Omaha», in reference to his city of origin in Nebraska (centre) and in his flair for good deals.
Its holding company has still shown it in 2015 with an annual net profit which singed 21 % to attain 24,08 thousand million dollars, according to results published on Saturday.
As ordinarily, Mr Buffett makes glisten to his shareholders of new acquisitions, even those of the "elephantine" size as holding company can afford thanks to its massive reservations of liquid assets.
The multimillionaire philanthropist promises however once again to launch into no TAKEOVER BID (public offer of purchase) hostile. «We come only when we are the welcome», he writes.
Broadcasting in streaming
For this new assembly of shareholders, which attracts every year of the thousands of persons in Omaha, Mr Buffett innovated by assuring for the first time an entire rerun of debates in streaming in partnership with Yahoo!.
The multimillionaire octogenarian, who keeps mystery once again on his succession, so wants to show to his shareholders that he did not lose reason and «overbalanced to a dream world», he teases.
In his letter, he reveals besides his secrets of youth: drink so much coca extract as a player of American football and eat carrots and broccoli. «It is the fundamental truth», he concludes.

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