- Investors and finance professionals believe that Berkshire Hathaway will outperform the US market during a potential recession.
- Over half of the surveyed respondents are confident that the company will beat the S&P 500 Index over the next 5 years.
- Investors believe that defensive stocks will fare better than technology stocks in the coming months, which would benefit Berkshire given its preference for the former.
- Buffett's investment strategy of buying stocks for less than they are worth is considered his biggest legacy.
- Many investors believe that there is still a "Buffett premium" reflected in Berkshire's share price and that there is faith in his investing prowess.
Warren Buffett Will Beat the Market in Recession Times, Investors Say
Risk of a recession in the US and prospects of another Fed rate increase push investors to buy defensive stocks and follow the 92-year-old billionaire.
Ven Ram
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