‘Women will save US economy’, predicts billionaire investor Warren Buffett

‘Women will save US economy’, predicts billionaire investor Warren Buffett London, Dec 29 : As fears grow that the United States is preparing to plunge over the `fiscal cliff', billionaire investor Warren Buffett has predicted that women will save the American economy, billionaire investor Warren Buffett has predicted.

Buffett, the so-called `Sage of Omaha' said that affording women the same prospects to succeed as men was key to a bright economic future.

He said that his is the `only thing' that makes him so optimistic about the future.

According to the Telegraph, Buffett's remarks came during an interview with fellow philanthropist Melinda Gates, with BBC Radio 4.

Buffett, aged 82, is the world''s third richest man behind Carlos Slim Helu, the Mexican telecoms tycoon, and Bill Gates, founder of Microsoft, according to Forbes magazine.

He has remained upbeat about American''s long-term economic prospects throughout the financial crisis.

He invested heavily in US shares during the darkest phase in late 2008 using his "personal money".

The bet paid off, with stock markets soaring in 2009 and 2010. (ANI)

General: 



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Popular Stories

Sufi legend Begum Yaman passes away at 52

New Delhi [India], Apr 28 : Famous sufi singer and... Read More

No farmer committed suicide over drought: TN Govt. to SC

New Delhi [India], Apr. 28 : In a development bound... Read More

Never took studies as 'burden', says JEE 2017 topper

Udaipur (Rajsthan) [India], Apr 28 : Kalpit Veerwal... Read More

Narada sting: ED files case against TMC leaders

New Delhi [India], Apr. 28 : After the Central... Read More

UP STF raids petrol pumps, eight caught using cheating chip

Lucknow (Uttar Pradesh), April 28 : The special... Read More

UP school issues bizarre diktat: Yogi haircut

Meerut (Uttar Pradesh) [India], Apr 28 : In a... Read More