Buffett is known as a businessman and philanthropist. But he’s probably best known for being one of the world’s most successful investors.
This is why it’s not surprising that Warren Buffett’s investment strategy has reached mythical proportions.
Buffett follows several important rules and an investment philosophy that is widely followed around the globe.
In this video, he talked about China. He believed China has found the secret sauce to be successful in the future, just like the U.S. hundreds of years ago.
Buffett said what Chinese people have done in the last 50 – 60 years is a total economic miracle, and that they’re destined for a fine economic future.
Warren Buffett and his business partner Charlie Munger have praised China multiple times in public.
According to CNN, In a recent interview, Charlie Munger praised the Chinese government for silencing Alibaba’s Jack Ma, and said that he wishes US financial regulators were more like those in China.
Source: Finance Jane
