Buffett’s main course in Berkshire’s annual letter: “Really great businesses rarely offer all”

In him Berkshire Hathaway BRK Shareholder, investment tycoon Warren Buffett Once again conveyed his insights on investment.

what happened: Warren Buffett’s letter on Saturday provides insights on investment and lessons learned. Buffett has escaped his letters from politics and current affairs, focusing on Berkshire’s future and its reliance on stocks.

Buffett hints at his successor: “At 94, not long after Greg Alber Replace me as CEO and will write letters of the year. ” He also stressed the importance of honesty to shareholders.

Buffett also discussed Berkshire’s investment strategy, expressing the impartiality of choosing a stock vehicle and selling it at a cheap price occasionally available to businesses.

“But as long as citizens of the country want goods or services, businesses and individuals with the talent they need often find a way to deal with currency instability. So there are personal skills. Lack of assets such as athleticism, excellence, excellence The voice, medical or legal skills, or for that matter, I have to rely on stocks for my whole life. ,” he shared in the letter.

He also reflects the prosperity of the United States, attributed it to wise capital deployment and the continued savings of Americans. Despite the existence of figs and promoters, Buffett believes that Americans’ savings have exceeded any colonist’s dream.

Please read also: Buffett reflects on the 60 years of Berkshire helmet

“It is understandable that really great businesses are rarely offered in all, but a small portion of these gems can be purchased on Wall Street Monday to Friday, and occasionally, they are sold at a cheap price. We are in the choice of stock vehicles Just, invest anything where we can best deploy your (and my family’s) savings. Extra.

In Berkshire’s $334.2 billion cash pile, Buffett assured shareholders that most of their funds remain in stocks and that the offer won’t change. He warned that if fiscal stupidity prevailed, don’t evaporate the value of the banknotes.

Why it matters: Buffett’s annual letter is a highly anticipated event in the investment community, providing insights into his investment philosophy and the future direction of Berkshire Hathaway.

His comments on successors and companies’ investment strategies provide investors with valuable insights. His reflections on the prosperity of the United States and the role of savings and capital deployment emphasize his long-term, value-based investment approach.

His warning to the potential depreciation of banknotes in the face of fiscal stupidity is a warning from investors.

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