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Buffett called Apple the second-most important business after Berkshire’s cluster of insurers.

A green sovereign bond issuance from India is expected to find traction with global investors with large pools of capital dedicated to green causes, even though it will be an onshore rupee-denominated bond. However, the effect of a sovereign green bond goes well beyond raising funds at competitive rates or divers ification of source of funds. It demonstrates the country’s commitment to decarbonisation and other climate goals.

Berkshire also signaled renewed confidence in its own stock, repurchasing $6.9 billion in the quarter, and boosting total buybacks in 2021 to a record $27 billion.

​Buffett, who has faced mounting pressure on environmental issues over the years, typically navigates the topic by referring back to Berkshire’s operating model, where each company has individual responsibility for how it addresses such risks.

“If I felt the property market was going to go up, I would probably be more in affordable housing and some of the real estate stocks. I have always tried to play real estate through the material sectors because one is getting a more diversified number of companies to play with rather than just a pure business.”

“Invest only in that part of your capital which you do not need for three-five years where you can handle volatility, where you can handle loss of value for some time, both emotionally and financially. If one invests in that way I think things should turn out to be quite okay.”

The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.

The volatility remained immense given the number of uncertainties that surrounded the happenings around the world. Nifty had large and wide moves through the week, with the index oscillating over 1147 points and finally ending with a net loss of 618 points (-3.58%) on a weekly note.

"With increasing size and complexity of financial markets, addressing information asymmetry and having adequately informed investors and multiple stakeholders in the market cannot be overemphasised," Sebi said in a circular on Friday.

The second major cryptocurrency Ethereum was at $2,710 per coin, up 2.66 per cent.