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ADA · 6w

FD7 Ventures to Increase Cardano and Polkadot Holdings


(Bloomberg) -- While 2020 raged, Warren Buffett mostly held his tongue.He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that’s gripped millions of Americans. Not to mention a global pandemic. Now, the billionaire chief executive officer of Berkshire Hathaway Inc. has a chance to break his silence with the release of his annual letter Saturday.“If this letter doesn’t address some of the issues, people are going to be disappointed,” Cathy Seifert, an analyst at CFRA Research, said in a phone interview. “There is an appetite for his thoughts.”The letter is an annual tradition for the 90-year-old CEO, a chance to share wisdom with his loyal following of value investors. And Buffett isn’t usually shy about sharing that wisdom, even campaigning in the past for controversial politicians including Hillary Clinton. His annual missive ahead of the 2016 presidential election touched on politics, chiding the negative drumbeat from candidates.It’s been different since he spoke up at last year’s annual meeting in May, when he said his near-record cash pile wasn’t that huge when considering the “worst-case” possibilities of the Covid-19 pandemic. The CEO has since shared few, if any, of his opinions, even last year as President Joe Biden and former President Donald Trump squared off in one of the most contentious elections in U.S. history. The 2020 letter made no mention of the topic.“Maybe he just decided that there was no upside to getting into that fray,” Seifert said. “He was a little more open when the level of general discourse was a lot more civil, and I can certainly understand a desire to sort of pack up your tent and go home and not partake. It’s not a parlor game anymore. It’s a bloodsport.”Long ListIf he decides to weigh in, there are plenty of topics on which he could expound. How did he view the riot at the U.S. Capitol in early January? What did he say to Bid...

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