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Warren Buffett is the CEO of Berkshire Hathaway and one of the most highly respected value investors in the world. In a recent interview on CNBC, Buffett shared his concerns about the potential recession that the economy could be facing. Thankfully for us, Warren Buffett has shared advice on how you can used a recession to get rich.
If you are worried about the economy right now, you are in pretty good company. According to a study done by CNBC, a whopping 81% of Americans are worried that a recession will be hitting the US this year. You can add billionaire investor Warren Buffett to the list of people that are worried about what is happening in the economy. You see, as CEO of conglomerate Berkshire Hathaway, Buffett has up to the minute insights into the current health of the economy that is unmatched by anyone else. Berkshire owns over 65 different subsidiaries in industries ranging from fast food to building materials to even an entire railroad network. Each week, Buffett gets to see how these companies are doing. Whether sales are growing or shrinking. Whether companies are moving more or less goods on his railroad. If people are still going out to eat at his restaurant Dairy Queen. With all this economic insight, it got my attention when Buffett said in a recent interview that without a doubt the economy is slowing down dramatically.
However, there is one big difference between how Buffett and the average person views recessions. The average person views recessions as a threat. Buffett, on the other hand, views them as an opportunity. This dynamic is why this video is so important. After you have watched this video all the way through, you will walk away with tangible principles from Buffett. These principles will not only help you survive the economic storm that’s coming, but instead thrive and build wealth for yourself and your family. There are 3 principles from Buffett that you can start applying TODAY that will help you build wealth regardless of what is happening in the economy.
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