"The risks of being out of the game are huge compared to the risks of being in it," says Warren...

|By:, SA News Editor

"The risks of being out of the game are huge compared to the risks of being in it," says Warren Buffett (BRK.B) is his annual letter, continuing to pursue elephants after being shut out in 2012 (he's already bagged one this year). He chides his fellow CEOs and the "uncertainty" meme about why they're not investing, noting Berkshire spent a record $9.8B on plant and equipment last year. "Of course the immediate future is uncertain; America has faced the unknown since 1776."