What was the main message conveyed to investors by the legendary investor?

Buy new businesses Be patient Invest in healthcare Sell existing assets

According to the article, what is the current state of the cost of acquiring new businesses?

At an all-time low Moderately priced At an all-time high Fluctuating unpredictably

What was the approximate percentage increase in Berkshire Hathaway's cash reserves compared to the previous year?

10% 25% 34% 50%

How did the investor characterize the United States as a business environment?

Unstable and risky A fertile ground for doing business Saturated and competitive Facing an economic downturn

What is the investor's outlook for long-term investors in the US equity markets?

They will likely experience losses Their returns will be unpredictable They will continue to gain They should diversify into other asset classes