Berkshire Hathaway 2025 Shareholder Meeting Quotes $BTC

Regarding Resignation as CEO #巴菲特

Buffett will resign as CEO of Berkshire Hathaway at the end of the year. Abel is expected to assume the role of CEO by the end of the year. Buffett stated that he has no intention of selling any shares of Berkshire, but will gradually donate them.

Regarding Trade #贸易

In the United States, we should seek to engage in trade with other countries around the world; we should focus on what we do best... Trade should not become a weapon.

Regarding Cash Reserves ~

Our cash reserves are indeed quite high, but good opportunities do not arise every day. Incorrect or inappropriate investments can harm the interests of investors. Berkshire expects to encounter opportunities to 'take action' in the next five years.

Regarding Investment in Japan ~

Investing in Japan completely aligns with Berkshire's strategy; the company plans to hold investments in the five major trading companies for 50 years or longer. Berkshire has no intention of selling these stocks.

Regarding the Economic Outlook for the United States ~

I will not feel frustrated about the current situation in the United States. The fiscal policy is my greatest concern, but this is not an issue unique to the United States.

Regarding Stock Market Volatility ~

Compared to historical crashes, the declines in the past few days are insignificant. Short-term fluctuations in the stock market are normal. Investors should change their investment mindset and adapt to this world rather than expecting the world to adapt to them.

Regarding Stock Buybacks ~

Since the beginning of this year, we have not done any stock buybacks. Our company's buyback mechanism is relatively conservative. We occasionally have opportunities for buybacks, but the federal government’s rates charged to us are still very high.

Regarding AI ~

I will not base all investments around AI. If given a choice, I would invest in the reinsurance industry.

Regarding Timing of Investments ~

Patience is important, but when a great opportunity arises, one must act quickly. You should patiently wait for that rare call opportunity; for reasonable deals, you should not hesitate to act; and for those who engage in endless talk about things that will never happen, there is no need to waste time.

Advice for Young Investors ~

Who you associate with is extremely important. You should surround yourself with people who are better than you, and ultimately, you will develop in the direction of those you associate with.