In the midst of the severe coronavirus crisis that affects our entire society, it is very difficult to know how quickly the situation will improve. And most of all what kind of world is born after we defeat COVID-19. For this reason, Anthony Pompliano interprets Warren Buffett’s words in the Tweet of the day, and that leads us to the question of whether the Omaha Oracle believes the economy will continue to deteriorate.
Warren Buffett against the corona virus
Warren Buffett is one of the most respected and admired people in the world. After all, the investor known as “Omaha Oracle” has made a name for himself over the years thanks to his successful financial decisions. Which has made him one of the richest men in the world for decades.
In the midst of the coronavirus crisis, Warren Buffett’s decisions and advice are of great value to all investors. Well, although widespread wisdom suggests that crises are moments of opportunity, you can buy high-quality assets at low prices. The reality is much more complex.
Because if you decide to invest earlier than due, you may get an asset that continues to lose value as the crisis worsens. By finding the right time to invest just before the market begins to recover. What makes crypto influencer Anthony Pompliano wonder if Warren Buffett believes the economy will deteriorate after he hasn’t invested during the crisis:
“”Buffett explains why they haven’t acted yet: “We haven’t seen anything attractive.” It really sounds like it gets worse before it gets better.“”
If Pompliano’s interpretation of Warren Buffett’s words is correct. For the CEO of Berkshire Hathaway, the state of the global economy might worsen. Therefore, there are no investment opportunities for your company. Ultimately bad news for the world, although it may represent an opportunity for investors inside and outside the crypto world.