Warren Buffett speaks during the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska on May 3, 2025.
CNBC
Omaha, Neb. – Berkshire Hathaway CEO Warren Buffett was shocked during the annual gathering of the bloc on Saturday by announcing his intention to step down. For hours before that, the billionaire touched on a wide range of topics in all commercial and political fields.
Here are some of the largest fast food from the 4.5 -hour Pavite session:
1. His plans to step down
Bavite advertisement for Leave the executive role It will come to determine the meeting. Buffett suggested that Greg Abel, vice chief of operations, who took questions alongside Oracle Omaha.
Buffett is officially planning his plans to the Council on Sunday. From there, he said that the council can make a decision on the best path forward and make the necessary arrangements. Buffett’s intention is to step down by the end of the year.
Oracle Omaha said he had previously informed his children, who were also on board Hui and Soussi. He added that other members of the board of directors were not aware that the advertisement was coming.
“I think the time has reached where Greg should become the company’s CEO at the end of the year,” Pavit said.
Puffett said he “will” help the company and will not sell any shares.
2. He does not like definitions
Pavite Repeat the concerns On the customs tariff and presented his most direct comments on this topic. His latest remarks come amid increasing concern that President Donald Trump’s plans for sharp drawings can activate the economy.
“Trade should not be a weapon,” Pavit said. “I think that the more prosperous the world becomes, the more we will be at our expense, the more prosperous, the more safe we feel, and the more your children will feel.”
He added that trade and definitions “could be a war of war.” Puffett also said that the United States should look to trade with other countries and allow them “to do what they do better.”
Buffett Trump did not mention the name in discussing the impact of these commercial plans.
3. It is believed that modern disturbances in the market are BLIP
Pavite It was not a deterrent He said that through the upcoming market fluctuations in the wake of the announcement of these definitions, despite raising concern about the potential economic impact of American definitions.
“What happened at the end of 30, 45 days … nothing really,” he said.
Puffett said he would not describe the recent turmoil in the market as “huge” movements. the S & P 500 On Friday, it achieved its longest series of wins after two decades after a slide sent to the Dab Market area, which indicates a decrease of approximately 20 % from the highest modern level, on the basis of the day.
It is worth noting that the President of Berkshire said that he would see that the group’s shares are flowing by 50 % as a great opportunity. ”
“It will not bother me at least,” he said.
4. He believes in the exceptional American
While Trump’s tariff may question the leadership of the United States on the global economic stage, Pavite still expects the country to lead the road.
“We have passed the great chips,” Buffett said. ” “If you were born today, I will continue to negotiate in the womb until they said that you can be in the United States.”
Buffett, whose father was a member of the US Congress, called the day when he was born in the United States “the most fortunate in my life.”
5. It is believed that the deficit is a problem
When asked about Trump’s government efficiency initiative, which is usually referred to as “Dog”, Pavit said he had found the growing deficit in the country regarding.
“We are working on a financial deficit now that is not sustainable for a very long period. We don’t know if this means two or 20 years, because there was no country like the United States, but this is something that could not continue forever,” said Pavit.
Pavite Dog was not specifically discussed, but he said he sees value in reducing government spending at sustainable levels.
“It is a job that I do not want, but it is a task I think should be done,” he said. “Congress does not seem to do it.”
6. Berkshire spent approximately $ 10 billion from the Standard Monetary Center
Pavit revealed that almost – but in the end he did not – put $ 10 billion in the company’s cash record to work.
“We are very close to spending $ 10 billion, not long ago, for example, but we spend $ 100 billion,” he said. “I mean, these decisions are not difficult when something is made logical to us and we understand and provide good value.”
His comments come as investors ask about the next Berkshire play. The company was sitting More than 330 billion dollars in cash During the end of the first quarter.
Click here For all the outstanding points collected by CNBC correspondents in Omaha and Anglo Clavs, New Jersey.
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