Mr Buffett, a billionaire and one of the most notorious investors in the world, explained how some people may be enjoying success on their ventures while world markets otherwise struggle. During an interview with Yahoo Finance in March, the CEO of Berkshire Hathaway compared the historic market sell-off the coronavirus sparked to past crashes. He also discussed how the outbreak is changing people’s behavior, joked about the health precautions he has taken, and expressed optimism about the US’ prospects once the pandemic ends.
With the US economy facing a turbulent 2020, Mr Buffett spoke of how different types of investments – that wouldn’t usually be lucrative – are now “fabulous”.
Detailing how historically low yields on government bonds make other investments more attractive, he said: “If you promised to pay me something at three percent a year, that would have been a terrible instrument for me to own at almost any time in history, but today if you’re good for it, it’s…
