Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, but he remains optimistic about the nation's economy.
股神巴菲特周六在致伯克希尔-哈撒韦公司股东的公开信中认错,表示自己在去年对美国房地产市场的复苏判断“错得离谱”。但他表示还是对美国的经济持乐观态度。
In his annual letter to Berkshire Hathaway shareholders, Buffett said he is sure housing will recover eventually and help bring down the nation's unemployment rate. But he did not predict when that will happen.
在致伯克希尔-哈撒韦公司股东的年度报告中,巴菲特表示他相信房地产最终会复苏,并降低美国的失业率。但他没有预测楼市复苏将在何时出现。
Buffett said housing "remains in a depression of its own," but he predicted, in typical plainspoken style, that the housing market will come back because some human factors can't be denied forever.
巴菲特在公开信中承认目前楼市“ 还是很低迷”,但他还是直言不讳地预测,因为人为因素的影响,房地产市场还是终究会复兴起来。
The housing prediction proved painful for Berkshire Hathaway. It owns more than 80 subsidiaries, including the Geico insurance company and See's Candy, and five of them depend on construction activity.
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