伯克希尔
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#伯克希尔 Technical work of Buffett's company: Turn to 0 in seconds!
This incident is really crazy: Berkshire's stock price plummeted 99% at once. The official said it was a technical problem, but how to explain the completed transactions? Is it a technical problem? Or is it a farce of some rich man😅
Not only Berkshire, but also Bank of Montreal, Barclay Gold, etc. have experienced similar "flash crashes", which are said to be caused by the technical failure of the New York Stock Exchange.
Interestingly, before the suspension of trading of Berkshire A shares, there were 47 transactions at a price of US$185 per share. After the resumption of trading, the stock price soared to 600,000+/US shares, which means that the people who made those 47 transactions made a fortune!
But this good luck in making money only lasted one night, because the New York Stock Exchange later announced that all transactions at abnormal prices during the failure period were invalid and the data was "reset". Fortunately, the New York Stock Exchange stopped trading in time and did not make things worse. Many institutions are now using automated quantitative trading strategies. If this "flash crash" of 99% of stock prices triggers a large-scale liquidation of funds, Wall Street has to be careful, as it will be troublesome if objects fall from high altitudes.
This incident is really crazy: Berkshire's stock price plummeted 99% at once. The official said it was a technical problem, but how to explain the completed transactions? Is it a technical problem? Or is it a farce of some rich man😅
Not only Berkshire, but also Bank of Montreal, Barclay Gold, etc. have experienced similar "flash crashes", which are said to be caused by the technical failure of the New York Stock Exchange.
Interestingly, before the suspension of trading of Berkshire A shares, there were 47 transactions at a price of US$185 per share. After the resumption of trading, the stock price soared to 600,000+/US shares, which means that the people who made those 47 transactions made a fortune!
But this good luck in making money only lasted one night, because the New York Stock Exchange later announced that all transactions at abnormal prices during the failure period were invalid and the data was "reset". Fortunately, the New York Stock Exchange stopped trading in time and did not make things worse. Many institutions are now using automated quantitative trading strategies. If this "flash crash" of 99% of stock prices triggers a large-scale liquidation of funds, Wall Street has to be careful, as it will be troublesome if objects fall from high altitudes.
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Buffett's Berkshire Hathaway rose 0.75% last night, with a market value of more than $1 trillion, which is comparable to the total market value of Bitcoin. So far in 2024, the stock has risen more than 29%, exceeding the 17% increase of the S&P 500 and comparable to Bitcoin's 31% increase over the same period.
Berkshire Hathaway's history originated from its predecessor company, a textile mill in New Bedford, Massachusetts, dating back to 1849. In 1965, Warren Buffett took control of the company when it was still a poorly managed textile business. Buffett originally planned to profit from stock buybacks when the business went bankrupt, but management's flip-flops prompted him to buy a large number of shares and eventually control the company.
After Buffett took over, Berkshire Hathaway gradually transformed from a textile company to a diversified holding company. In 1967, Buffett purchased National Indemnity Company, a small insurance company in Omaha, through Berkshire Hathaway, marking the company's entry into the insurance industry. In 1972, Berkshire Hathaway acquired See's Candies for $25 million, which was a key point in Buffett's investment philosophy transformation from looking for bargains to buying quality companies.
Berkshire Hathaway's business has gradually expanded to insurance, railways, energy, food and beverages, clothing and finance. Buffett has developed the company into one of the most successful investment institutions in history with his unique investment strategy and business insight. The company's core business is insurance, including property, casualty, reinsurance and special insurance.
Buffett's investment philosophy and management style, as well as the careful creation of corporate culture, have laid the foundation for Berkshire Hathaway's long-term success. In 2018, Berkshire Hathaway ranked 10th on the Fortune Global 500 list and ranked first in profit among the top ten companies in the Fortune 500.
#伯克希尔 #巴菲特
Berkshire Hathaway's history originated from its predecessor company, a textile mill in New Bedford, Massachusetts, dating back to 1849. In 1965, Warren Buffett took control of the company when it was still a poorly managed textile business. Buffett originally planned to profit from stock buybacks when the business went bankrupt, but management's flip-flops prompted him to buy a large number of shares and eventually control the company.
After Buffett took over, Berkshire Hathaway gradually transformed from a textile company to a diversified holding company. In 1967, Buffett purchased National Indemnity Company, a small insurance company in Omaha, through Berkshire Hathaway, marking the company's entry into the insurance industry. In 1972, Berkshire Hathaway acquired See's Candies for $25 million, which was a key point in Buffett's investment philosophy transformation from looking for bargains to buying quality companies.
Berkshire Hathaway's business has gradually expanded to insurance, railways, energy, food and beverages, clothing and finance. Buffett has developed the company into one of the most successful investment institutions in history with his unique investment strategy and business insight. The company's core business is insurance, including property, casualty, reinsurance and special insurance.
Buffett's investment philosophy and management style, as well as the careful creation of corporate culture, have laid the foundation for Berkshire Hathaway's long-term success. In 2018, Berkshire Hathaway ranked 10th on the Fortune Global 500 list and ranked first in profit among the top ten companies in the Fortune 500.
#伯克希尔 #巴菲特
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July housing prices are released, Beijing and Shanghai have stopped falling
The housing price table of 70 cities in July is out. This is the government statistical data that I pay the most attention to every month. Without further ado, let me just post the table first.
Beijing and Kunming stopped falling, Shanghai rose slightly, and the remaining 67 cities continued to fall. Guangzhou fell 0.9%, Shenzhen fell 1.2%, and the decline rate was not low. At this time, it can be seen that although they are called the four first-tier cities, there is still an invisible dividing line between Beijing and Shanghai and Guangzhou and Shenzhen.
Second-tier cities fell 0.6% month-on-month as a whole, and third-tier cities fell 0.7% as a whole. An obvious rule is that the lower the level of the city, the less it can withstand a decline, which has been verified in the United States and Japan.
Beijing and Kunming stopped falling, Shanghai rose slightly, and the remaining 67 cities continued to fall. Guangzhou fell 0.9%, Shenzhen fell 1.2%, and the decline rate was not low. At this time, it can be seen that although they are called the four first-tier cities, there is still an invisible dividing line between Beijing and Shanghai and Guangzhou and Shenzhen.
Second-tier cities fell 0.6% month-on-month as a whole, and third-tier cities fell 0.7% as a whole. An obvious rule is that the lower the level of the city, the less it can withstand a decline, which has been verified in the United States and Japan.
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Good morning, fellow scoundrels! Yesterday, the stock of Warren Buffett's Berkshire-A stock unexpectedly crashed by 99.97%, from $620,000 to $185, and was suspended. It was hard to believe my eyes. Many people are speculating on what happened, but in this turmoil, we must also find opportunities. Berkshire-B is still tradable, and I decisively bought 1,000 shares at the bottom, hoping that this operation will bring me a good return.
To be honest, this level of collapse is definitely a historical opportunity. Buffett's life accumulation can also have such a big fluctuation, which shows that the market is always full of uncertainty and drama. As I often say: **"Since you know what the answer is, why don't you buy it?"** Faced with such an opportunity, those who dare not get on the bus can go to bed, and they have everything in their dreams.
### The logic of bottom-fishing
1. **Market panic, opportunity is born**: Market panic usually brings oversold opportunities, just like the big drop in the currency circle, every crash is a good opportunity to bottom-fish.
2. **Value investment, long-term bullish**: Berkshire-B's fundamentals have not changed due to the collapse of A shares, but emotional selling has brought opportunities to buy at low prices.
3. **Technical rebound, short-term arbitrage**: After this extreme decline, there will often be a technical rebound, which can obtain considerable returns in the short term.
Brothers, stay calm at this time, opportunities are always reserved for those who are prepared. Since the market has provided us with such a good entry point, don't hesitate and act decisively. [Adults change like tigers, gentlemen change like leopards], work hard at the critical moment, and those who go all out will naturally return with a full load!
Remember, it is very important to stay alone, and Stud is not only courage, but also wisdom. When others are panicking, we must analyze calmly and seize opportunities. No one can predict how the future will develop, but what we have to do is to go all out in front of every opportunity without regrets.
#股票 #伯克希尔 #梭哈 #赚钱思路 #5月非农数据即将公布
To be honest, this level of collapse is definitely a historical opportunity. Buffett's life accumulation can also have such a big fluctuation, which shows that the market is always full of uncertainty and drama. As I often say: **"Since you know what the answer is, why don't you buy it?"** Faced with such an opportunity, those who dare not get on the bus can go to bed, and they have everything in their dreams.
### The logic of bottom-fishing
1. **Market panic, opportunity is born**: Market panic usually brings oversold opportunities, just like the big drop in the currency circle, every crash is a good opportunity to bottom-fish.
2. **Value investment, long-term bullish**: Berkshire-B's fundamentals have not changed due to the collapse of A shares, but emotional selling has brought opportunities to buy at low prices.
3. **Technical rebound, short-term arbitrage**: After this extreme decline, there will often be a technical rebound, which can obtain considerable returns in the short term.
Brothers, stay calm at this time, opportunities are always reserved for those who are prepared. Since the market has provided us with such a good entry point, don't hesitate and act decisively. [Adults change like tigers, gentlemen change like leopards], work hard at the critical moment, and those who go all out will naturally return with a full load!
Remember, it is very important to stay alone, and Stud is not only courage, but also wisdom. When others are panicking, we must analyze calmly and seize opportunities. No one can predict how the future will develop, but what we have to do is to go all out in front of every opportunity without regrets.
#股票 #伯克希尔 #梭哈 #赚钱思路 #5月非农数据即将公布
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