Warren Buffett’s Berkshire Hathaway Posts Big 2022 Loss in Rocky Market

Famed CEO affirms optimism in U.S. economy in his annual letter to shareholders

Investors and guests returned for an in-person Berkshire Hathaway meeting in Omaha, Neb., last year.Photo: SCOTT MORGAN/REUTERS

Warren Buffett is still betting on America.

Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he continues to believe in the resilience of the U.S. economy.

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