Oracle o Omaha said – And Wall Street is, as usual, all ears. Warren Buffett’s crystal bead shows concern about global tensions, caution in volatile markets and trust in Berkshire Hathaway (Brk.a) The future under new leadership.
Buffett, right now 94, she said on Saturday that he would Depart as Berkshire Hathaway At the end of this year, completing a reserving investment in a career who saw him won the market from year to year. Buffett said he would recommend to the Board that Greg Abel, his sixth woman was obviously, taken as the executive director. Abel is currently the Chairman of the Energy Company and the Vice President of Berkshire’s uncertain business.
But before the news, the annual meeting on Saturday, Buffett watched the annual meeting in Berkshire, offered his take on the current economic landscape, full of characteristic humor and the world. As always, his words echoed far outside the congress center in Omaha.
Here are some of the emphasis from Buffett’s objection to investors.
Trump Trump Warning Warning
The trade war and tariffs were an immediate focus. Buffett, talking to thousands of participants at his Holding’s annual meeting, a sharp reprimand for protectionist trafficking policies as President Donald Trump tries reshape the global trade order with tariff cleaning.
“The store shouldn’t be a weapon,” he said.
Buffett, which has so far been silent at Trump Tariffs, added that the store led to “bad things” in the attitudes that performed in the US
“I don’t think it’s a great idea to design and design a world in which several countries say, we won” and the other countries envy “, adding to trade the rest of the world.
Buffett did not mention the president named, but the goal of his criticism was clear. Tensions between the US and China remain high, on both sides of the imposing tariff of billions of goods valuable goods
“There is no doubt that trade, trade can be a war rank,” Buffett said.
Buffett, whose conglomerate, owns companies that range from railways and utilities to traders and giant insurance, has the owed globalization and warned against insulating impulses.
Berkshire, in its quarterly earnings, “changes in macroeconomic conditions and geopolitical events, including changes in international trade policies and ownership values and our operating tasks.
It’s time to be careful with markets
In a sign, sobrose markets appear briefly, Buffett expressed skepticism about the overheated stock exchange.
Berkshire Hathaway reported 14% in the operational profit for the first quarter of 2025. year, a large-scale insurance policy insurance (partially referred to replacements in Southern California). However, the company ended the quarter with a record $ 347.7 billion in cash and short-term investments, which is at the end of $ 334 billion at the end of 2024.
Sheer sizes Berkshire’s pile in cash reflects the reluctance of the capital deployment in this type of market. He told the audience that Holding society would not see something too attractive to say that Berkshire will be willing to invest as much as $ 100 billion under the right conditions that do not currently meet the Prague value and risk.
“We made a lot of money by not wanting to invest at all times,” he said.
Despite that, Buffett clearly gave cash is not saved for his successor.
“I wouldn’t do anything almost as noble,” he added, drawing laughter from the crowd. “If he gets any edge when I leave, I’ll replace her.”
It also seemed a bit optimistic about the country’s future: “If I were born today, I would just continue negotiating in the womb until they said,” You could be in the United States, “Buffett joked.
He clearly said Berkshire would not put his money on “stupid things.” If the company would do, shareholders were supposed to be resolved, “he added.
“It’s easier to make nonsense with other people’s money than it’s with your own money,” Buffett said. “It’s one of the problems in which the government is mostly. We don’t want to bring him to a private company.”
2025-05-03 18:39:00
