Buffett says tax law makes owning stocks more attractive
Berkshire Hathaway CEO says stocks don't look overvalued compared to interest rates, and predicts a 'bad ending' for cryptocurrencies.
Warren Buffett said the U.S. tax cut will make companies more valuable by giving owners a bigger share of profits.
"People who own the businesses, they now own 20% more of the domestic earnings," Buffett, chief executive of Berkshire Hathaway Inc., said in an interview on CNBC Wednesday.
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