OMAHA, Neb. (AP)—Billionaire Warren Buffett says stocks remain relatively cheap compared to other investments right now, and the economy continues to improve slowly.
The head of Berkshire Hathaway appeared on CNBC Monday to take questions about his annual letter to the conglomerate’s shareholders. The letter was released Saturday.
Buffett says he believes stocks will perform better than bonds, gold or any other investment option over time. He says stocks still appear relatively cheap even after prices have improved.