According to Warren Buffett, the best business firm to own when inflation rises is an investment (USA, Uk, India, etc)
On Wall Street, the country's high inflation rates have become a major issue, but thankfully for average investors, Berkshire Hathaway CEO Warren Buffett has plenty of experience managing such a situation.
In the 1970s, Buffett maintained a stock portfolio through double-digit inflation rates, and he has lots of advise on what to buy when prices rise.
Buffett emphasised two qualities that make a corporation well adapted to an inflationary climate in a 1981 letter to Berkshire shareholders:
- the ability to readily raise prices.
- the ability to take on additional business without needing to spend a lot of money.
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