Is Now a Good Time to Invest in the Stock Market? Warren Buffett Just Gave This Advice
Berkshire Hathaway was taken over by Warren Buffett in 1965. Although it was a small textile business at the time, and seemed doomed due to its dependence on a declining sector, Buffett quickly changed its focus to insurance. This was a brilliant move because it provided Berkshire with a steady stream of cash that he could use to invest into other businesses.