Warren Buffett Still Has Plenty of Confidence in the American Economy

Feb 24, 2018, 10:46 PM

Billionaire Warren Buffett still has plenty of confidence in the American economy, according to his annual letter to Berkshire Hathaway shareholders.

[f500link]Berkshire Hathaway[/f500link], the conglomerate of which Buffett is CEO and chairman of the board, reported a $65.3 billion gain in net worth in 2017, bolstered largely by the sweeping tax code rewrite pushed through Congress at the end of the year.