From a standing start 240 years ago — a span of time less than triple my days on earth - Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.”“This economic creation will deliver increasing wealth to our progeny far into the future.Yes, the build-up of wealth will be interrupted for short periods from time to time. I'll repeat what I've both said in the past and expect to say in future years: Babies born in America today are the luckiest crop in history.” Though he’s clear that the next four years will be a challenge — for the markets and for American values — the Oracle of Omaha’s 2016 shareholder letter expresses plenty of optimism for America’s financial future.The models were really quite good showing that warm layer aloft cooling down to support snow to the surface here.
But that comes as no surprise, as Omahans are a unique and flavorful bunch.
His words of caution for the short term are nearly drowned out by his proclamations about the country’s spectacular economic growth…
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