Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
Publishing timestamp: 2024-02-24 09:29:47
Summary
Warren Buffett of Berkshire Hathaway says the conglomerate may only slightly outperform average American companies due to its size and lack of buying opportunities. Despite recent acquisitions, Buffett believes there are limited options for capital deployment, both in the US and internationally. Berkshire's stock has been performing well, but Buffett does not expect "eye-popping performance" in the future.
Sentiment: NEUTRAL
Keywords: business news, markets, breaking news: investing, breaking news: business, breaking news: markets, stock markets, wall street, berkshire hathaway inc, investment strategy, occidental petroleum corp,