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'Never Bet Against America,' Warren Buffett Advises Investors

The 90-year-old billionaire reaffirmed his fervent belief in the American Dream

Ninety-year-old billionaire Warren Buffett reaffirmed his fervent belief in the American Dream in a letter to investors published Saturday -- advising them never to bet against the country despite its many problems.

"In its brief 232 years of existence, there has been no incubator for unleashing human potential like America," he said in the message to investors in his Berkshire Hathaway conglomerate.

Even after a particularly difficult 2020 -- when the COVID-19 pandemic plunged the world's largest economy into recession and pushed millions into poverty -- "our country's economic progress has been breathtaking," he said.

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