Deals
Buffett Warns Investors That Safe-Looking Bonds Can Be Risky
- Billionaire says company needs to make one or more huge deals
- Berkshire CEO comments on market lessons in annual letter
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Sometimes the best lessons are worth repeating.
Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy.