Buffett Says Buy Businesses Over Long-Term Bonds as Dollar Value to Erode - Bloomberg

Buffett Says Buy Businesses Over Long-Term Bonds as Dollar Value to Erode - Bloomberg

“I would recommend against buying long-term fixed-dollar investments,” Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. (BRK/A), said today in New Delhi. “If you ask me if the U.S. dollar is going to hold its purchasing power fully at the level of 2011, 5 years, 10 years or 20 years from now, I would tell you it will not.”