freeslotsonlinenodeposit|2024年巴菲特股东大会500字精华版来了!

Special topic: Buffett's 2024 shareholders' meeting hit

Here comes the 500-word elite version of Buffett's shareholders' meeting in 2024!

Source: du Yu on Wall Street

Acknowledge the limitation of ability and energyFreeslotsonlinenodepositComparing the "completely unknown" AI to nuclear weapons, it is confirmed that the next CEO will completely take over the investment decision, the company is still focused on the United States, is investigating investment in Canada, and cash rose to $200 billion in the second quarter.

Buffett, who is about to turn 94, led a five-hour question-and-answer session at Berkshire's annual shareholders' meeting on Saturday, May 4.

He joked that he might not sign any more four-year employment agreements:

"my reading speed, physical strength and operational efficiency are all declining, which is much lower than it was 30 years ago. If the subsidiary management has better people to report, why come to me?"

Buffett was nervous about bad experiences such as being faked, comparing AI to the invention of nuclear weapons:

"I don't have any advice on how the world should deal with it. As a person who knows nothing about it, I do think it has great potential benefits and great potential harm. I just don't know what the result will be."

Buffett confirmed that Apple will remain Berkshire's largest stock position:

"unless there is a drama that really changes the allocation of capital, we will make Apple our biggest investment."

He also hinted that selling Apple stems from a desire to avoid much higher tax rates in the future:

freeslotsonlinenodeposit|2024年巴菲特股东大会500字精华版来了!

"the fiscal deficit will be the problem, and the US government may raise taxes to deal with it."

Buffett confirmed for the first time that the next CEO Abel will completely take over the investment decision:

He should be fully responsible for Berkshire's capital allocation. I don't want two hundred people to manage $1 billion each. "

Mr Abel says the principle of capital allocation that Berkshire follows today will continue to exist in the event of any transformation.

Buffett reiterated that Berkshire's investment focus remains on the United States:

"I understand the rules, weaknesses, strengths and so on of the United States, but I don't know much about other cultures. If Berkshire adheres to its US-oriented position, it is unlikely to make a major mistake. "

Buffett is "very satisfied" with the return on his investment in Japan, handed over to the next management, and is now looking at investing in Canada.

He is in no hurry to trade in order to make a deal. "We only swing in the direction we like," predicting that cash will rise to $200 billion by the end of the second quarter.

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