Warren Buffett sees a bright future for America

Warren Buffett laid out a wonderful future for America in his annual Berkshire Hathaway annual letter released Saturday.

Buffett writes that the “negative drumbeat” from presidential candidates is “dead wrong” and that “the babies being born in America today are the luckiest crop in history.”

The Oracle of Omaha went on to write, “For 240 years, it has been a terrible mistake to bet against America.”

Berkshire recorded a $15.4 billion gain in net worth in 2015 as its railroad unit rebounded from a lackluster 2014.

Shares in Berkshire were down 12 percent in 2015 citing the weakness in American Express and Walmart holdings.

The shares are flat for 2016 closing Friday at $198,190.50 for the A shares.

Buffett, 85 — who has not publicly named a successor for himself or Vice Chairman Charlie Minger, 92 — gave kudos to investing lieutenant Todd Combs for orchestrating the $32 billion purchase of aerospace manufacturing firm Precision Castparts Corp., which closed last month and will be reporting in next year’s letter.