Buffett Says `So Far We've Stayed Rich' With Utilities

Warren Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc., said investing in utilities has helped meet his goal of preserving wealth.

“So far, we’ve stayed rich” by buying utilities, the billionaire said today at the Edison Electric Institute’s annual convention in Las Vegas.

To contact the reporters on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net; Jim Polson in New York at jpolson@bloomberg.net

To contact the editors responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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