New York | Billionaire investor Warren Buffett says the United States' capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledges the global pandemic could significantly damage the economy and his investments.

Over more than four hours at the annual meeting of Berkshire Hathaway on Saturday (Sunday AEST), Mr Buffett said his conglomerate had taken many steps responding to the pandemic, including providing cash to struggling operating units and throwing in the towel on a multibillion-dollar bet on US airlines.

Reuters