Warren Buffett and Greg Abel during the annual Berkshire Hathawai shareholders meeting in Omaha, Nebraska on May 4, 2024.
CNBC
Warren Buffett was my mother about the customs tariff and the last market turmoil, but he would finally speak when the 94 -year -old investment legend sets out Berkshire HathawayAnnual The shareholders meeting on Saturday.
Tens of thousands of RAPT shareholders will go down to Omaha, Nebraska this week for the annual gathering called “Woodstock for capitalists”. The meeting of this year represents the 60th anniversary of Bouvit, which presents the company, the second partner of the Buffett Charlie Monage, who died in late 2023.
The biggest event in the state of Corhhhoskar is next to the football game in Nebraska-Oklahoma, and this year’s meeting comes at a time when the markets turned into uncertainty after President Donald Trump started running the highest tariff for imports in generations. (Many of them were suspended for 90 days after that.) Economists in Wall Street deserve the left and oath the warnings that may be the recession in the foreground, as modern data indicated signs of economic weakness.
“Because Berkshire has many companies, it is mainly on the front lines of everything in terms of falling economy. Is it worse than the numbers already show?” Check, founder of Check Capital Management, who calculates Berkshire as the largest detention. “I hope, more than anything else, to talk about the way in definitions. Everyone is looking for what Warren Buffett says.”
The northern star of investors
“Oracle of Omaha” may have already allowed his actions to speak. Berkshire sold shares more than it has been purchased for nine quarters in a row, delivering more than $ 134 billion in 2024. This is mainly due to discounts in the largest of two shares in Berkchire – apple and Bank of America. As a result of the sale boom, by December Berkshire A huge pile of money has grown To another record, at 334.2 billion dollars.
The world is keen to hear whether Bavite, the most famous defender in investment in value, uses the collapse of the April market to search for deals and lay the foundations for deals. Although Buffett does not provide predictions to direct the market in the short term, investors will closely listen to any references to his continuous confidence in the American economy-despite the shock of customs tariffs.
“I think the big question in the minds of everyone is what Warren will do with the pile of money they sit on, more specifically, when it can be published, as he can help investors measure it when the clear signal is illuminated,” said David Wagner, a wallet manager at Aptus Capital Adviss and participated in Berkshire. He pointed out that many investors tend to look at Warren as the northern star.
Buffett will make some preliminary statements at 9 am EST on Saturday, followed by a question and answers panel for hours. Khalaf Buffett will join Greg Abel, and the head of insurance in Berkshire, Ajit Jin, to Pavite on the morning, with Pavite and Aybil alone in the afternoon. The session of the questions and answers will It is broadcast on CNBC It was broadcast online in English and mandarin.
Great apple question
The shareholders are also curious for Bouvit to explain his motives to reduce it for a long time apple a class. After a sale of a four -quarters in a row, Apple Holding from Berkshire remained in 300 million shares until the end of September, prompting many to speculate that Pavite is being sold at the present time.
At the annual meeting last year, Buffett suggested that the sale was for tax reasons after great gains. It also implicitly that the sale of Apple can be linked to its sponsorship to avoid a higher tax bill in the future if the prices increase to finance the financial deficit of the United States. With a change in the government in Washington, the shareholders want to hear the logic of Buffett today.
“You cannot use this interpretation anymore because it does not apply to a clear,” said David Cass, a financial professor at the University of Maryland. “If he sold more, he will indicate that he may have felt that he was of complete value, or that Warren Buffett was a genius, he was able to see him in some of the risks that Apple might face, in the event of a trade war and tariff definitions.”
On Saturday morning, the profit report in the first quarter of Berkshire will display the best stock holders in the bloc, which may give investors a hint if the Apple share has been modified again.
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