“Buffett craves more Apple shares, endorses its buybacks”
Sunday, May 6th, 2018“Buffett craves more Apple shares, endorses its buybacks” – uk.reuters.com/article/uk-berkshire-results/buffett-craves-more-apple-shares-endorses-its-buybacks-idUKKBN1I60FG
Buffett said it was unlikely that the United States and China would come to loggerheads on trade and believed the countries would avoid doing “something extremely foolish.”
“The United States and China are going to be the two superpowers of the world, economically and in other ways, for a long, long, long time,” Buffett said, and that any tensions should not jeopardize the win-win benefits from trade.
“It is just too big and too obvious … that the benefits are huge and the world is dependent on it in a major way for its progress, that two intelligent countries (would) do something extremely foolish,” he said. “We both may do things that are mildly foolish from time to time.”