Warren Buffett highlights fortune of being born in America
- Warren Buffett spoke at the annual meeting of Berkshire Hathaway shareholders.
- He addressed concerns regarding pessimism about the U.S. economy and stated that change is constant.
- Buffett expressed his strong belief in the future of American companies and the opportunities they present.
During his address at the annual meeting of Berkshire Hathaway shareholders, Warren Buffett shared his thoughts on the significance of being born in the United States. Speaking to an audience that raised concerns about potential pessimism regarding the U.S. economy amid revolutionary changes, Buffett emphasized that change is an inherent part of life. He pointed out that the United States has faced numerous challenges since 1930, including significant recessions and world wars. Despite these challenges, Buffett expressed unwavering confidence in the American economy, asserting that misgivings about the long-term prospects of U.S. companies are unfounded. He remarked that major companies will continue to set new profit records in the years ahead, maintaining a positive outlook for investors. Buffett's belief in America encompasses a broader reflection on the opportunities available within the country, leading him to assert that he would still prefer to be born in the U.S. today if given the chance, reinforcing his view that the country offers unique possibilities for success.