Buffett on Berkshire's $188 billion cash pile: 'We only swing at pitches we like'
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- Опубліковано 3 тра 2024
- Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Buffett answers a shareholder question about why Berkshire is "sitting on" $188 billion in cash. Watch the full coverage of Berkshire Hathaway annual shareholders meeting on www.cnbc.com/.
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It feels so odd to see Warren up there without Charlie
He's basically saying equity is too expensive and there is no attractive swing
for his money yes, he can´t buy rlly small buisnesses.... he get 5-6 per cent for this money with. thats 10 billion a year at short therm treasury.
buffett is a smart investors if the stock has good potential and is paying a dividends to investors he'd buy that stock righ away
but buffetr not touching his cash reserves isn't also a bad thing cause all those cash are sitting on a short term government debts that generates 5% in every 4 to 8 and 13 weeks so those cash are generating money on their own whilst the dividends adds more and more to the cash pile and i think that's a good news rather than seeing those cash be gone just to lose it completely
@@d-sto687 he doesn't just buy businesses he buys good businesses
Fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.
My belief is that making a wise investment is a fantastic way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky. For this reason, I suggest consulting experts for advice (financial advisors). The difficulty lies in effectively employing it, not just watching videos and reading investing books.
Sincerely, I'm genuinely moved by what you said. I have a seizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.
I genuinely believe that having the necessary knowledge is important to the success of any investment, and I say this as an OAP with much experience. Whatever you set your mind on, do it regardless of what others may say. Be fearful when others are greedy, and greedy when others are fearful, advises Warren Buffer often. This is surely the key to succeeding while others fail. I made $100,000 working with a financial advisor. Working with an advisor has proven to be a promising experience thus far.
Sure thing! We're just a hop, skip, and a jump away from building wealth. I've seen folks who struck it rich during the market crash. This coach could be the ticket to helping me find similar opportunities in the current market. Give me a shot!
I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.
That last sentence😮
For a guy who eats at McDonalds everyday, he is doing pretty well.
Don't tell the federal reserve. That was a very measured comment. For those with immense amounts of wealth, they can automatically generate more than inflation and then spend it to avoid taxation.
At the end, he turned his head and almost said "Charlie?"
that is true! and he realized he is alone
⭕️ Circle of Competence 🎯
10M is the magic number to multiply ROI
We're not an upside down bank, Jerry!
Paul Kangkas used to say, "When cash is trash, cash will soon be king".
buffett is a smart investors if the stock has good potential and is paying a dividends to investors he'd buy that stock righ away
but buffetr not touching his cash reserves isn't also a bad thing cause all those cash are sitting on a short term government debts that generates 5% in every 4 to 8 and 13 weeks so those cash are generating money on their own whilst the dividends adds more and more to the cash pile and i think that's a good news rather than seeing those cash be gone just to lose it completely
Could get a nice stake in CVX with a mere $100 billion.
Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals. Nobody can become financially successful overnight. They put in background work but we tend to see the finished part.
Fear it
Appear it
188 bill it known to be 167.6 billion
It's better to own gold than dollars. Gold has increased from $35 in 1971 to $2300 today. Similarly, the Swiss franc has lost 80% of its value since they left the gold standard 24 years ago. The rate of interest he's getting, 5%, is too low, it's less than the depreciation of the currency as measured by gold.
Buffet don’t like gold
Gold not very liquid, try buying stocks with it
Read "1,000% Returns: Taking Advantage of the Stock Market's Gross Incompetence." And "Generational Wealth: Beginner's Business & Investing Guide."
stupid
That's about $9B year risk free! hehe
Buffet will but gold. Mark my word.
Buffet only buys assets that produce profits. He doesn't buy things where the only way to make money is to speculate on price movements.
Something tells me someone who can't correctly spell "buy" probably doesn't know what they are on abouf
Gold too hard to unload, buffet don’t like gold
The CNBC host is an expressionless AI
Uhh uh uh uh uh. Time to go 93 year old. Way past expiration date.
Tesla is not a car tesla look like a kids toy
buffett is a smart investors if the stock has good potential and is paying a dividends to investors he'd buy that stock righ away
but buffetr not touching his cash reserves isn't also a bad thing cause all those cash are sitting on a short term government debts that generates 5% in every 4 to 8 and 13 weeks so those cash are generating money on their own whilst the dividends adds more and more to the cash pile and i think that's a good news rather than seeing those cash be gone just to lose it completely
Then why not use it for charity? Humanity has enough problems that could use a little financial help!
Warren donates his own personal wealth to charity, and Berkshire already does a ton for charity. It wouldn't be fair to shareholders to distribute that much cash to things that don't generate returns.
@@moomie1634this, exactly
YEAH I agree. give it away to people and companies that are failures
His money, he worked and earned. He can do with it as he chooses
This question has been covered at length. Where has your brain been each and every year for the last 75 years? All of his profits is and will go to charity. He lived insanely modestly for a man with hundreds of billions of dollars. He knows he can't take it with him.