Warren Buffett will beat the market in recession times, say investors

Investors believe that Berkshire Hathaway’s shares carry a premium, with respondents voting that the company will outperform the S&P 500 over the next five years, according to Bloomberg’s MLIV Pulse survey. The result is despite fears of a US recession, for which almost 352 respondents assigned a 65% chance of happening. The group is keeping faith in Warren Buffet’s investment ability, given his tendency to invest in value-driven defensive stocks — as opposed to riskier tech stocks — and his recently expressed interest in Japanese stocks

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