Buffett on Berkshire's $188 billion cash pile: 'We only swing at pitches we like'

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Ай бұрын

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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Пікірлер: 56

@moomie1634 Ай бұрын

It feels so odd to see Warren up there without Charlie

@frozenburrito9313 Ай бұрын

He's basically saying equity is too expensive and there is no attractive swing

@d-sto687 Ай бұрын

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.

@Wasnt-1 Ай бұрын

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

@Wasnt-1 Ай бұрын

@@d-sto687 he doesn't just buy businesses he buys good businesses

@thecaptain8773 5 күн бұрын

Buffett is market timing, that which he has told everyone NOT to do for the past 30 years. Warren, what have you been told, you old con man? Did they tell you to hoard cash so that you can buy anything you want for pennies on the dollar after the collapse? They will be throwing darts at your picture after you are gone.

@hermanramos7092 Ай бұрын

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.

@JohnMatthew-hq3xs Ай бұрын

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.

@LagerthaJackson Ай бұрын

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.

@SteveKalfman-yv7co Ай бұрын

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.

@JohnMatthew-hq3xs Ай бұрын

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!

@JohnMatthew-hq3xs Ай бұрын

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.

@atomicinv2 Ай бұрын

That last sentence😮

@crevisbot1804 28 күн бұрын

The most valuable sentence in the video, clearly he’s waiting for something, not only him, I’ve heard a lot of wealthy people say the same thing recently.

@mezzmarr1209 Ай бұрын

For a guy who eats at McDonalds everyday, he is doing pretty well.

@platoscavealum902 Ай бұрын

⭕️ Circle of Competence 🎯

@marcussloss6937 Ай бұрын

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.

@marklangevin9939 Ай бұрын

Paul Kangkas used to say, "When cash is trash, cash will soon be king".

@Wasnt-1 Ай бұрын

@SuperBah1985 Ай бұрын

We're not an upside down bank, Jerry!

@Personalfinance_10174 Ай бұрын

Could get a nice stake in CVX with a mere $100 billion.

@tahirisaid2693 Ай бұрын

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.

@Noumenon4Idolatry Ай бұрын

Fear it Appear it

@pohu2548 Ай бұрын

At the end, he turned his head and almost said "Charlie?"

@tongtongwang Ай бұрын

that is true! and he realized he is alone

@nicholaslandolina Ай бұрын

188 bill it known to be 167.6 billion

@lafoythomas9596 Ай бұрын

Read "1,000% Returns: Taking Advantage of the Stock Market's Gross Incompetence." And "Generational Wealth: Beginner's Business & Investing Guide."

@Forex15Phut Ай бұрын

stupid

@markbrophy5454 Ай бұрын

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.

@jogmas12 Ай бұрын

Buffet don’t like gold

@jogmas12 Ай бұрын

Gold not very liquid, try buying stocks with it

@4363HASHMI Ай бұрын

10M is the magic number to multiply ROI

@abhishekbhattacharya460 18 күн бұрын

100 k

@billal-dz Ай бұрын

That's about $9B year risk free! hehe

@JohnReynolds-ni5lv Ай бұрын

Buffet will but gold. Mark my word.

@dontfrybaconnaked Ай бұрын

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.

@chrisp5529 Ай бұрын

Something tells me someone who can't correctly spell "buy" probably doesn't know what they are on abouf

@jogmas12 Ай бұрын

Gold too hard to unload, buffet don’t like gold

@jaylewis9876 26 күн бұрын

He repeatedly says he hates gold and bitcoin. Everyone knows he can do a $100b deal with a handshake and in an emergency they will make him a fat pitch

@Muricans1776 Ай бұрын

The CNBC host is an expressionless AI

@eddylauterback1312 Ай бұрын

Uhh uh uh uh uh. Time to go 93 year old. Way past expiration date.

@rajendrajnawali4731 Ай бұрын

Tesla is not a car tesla look like a kids toy

@Wasnt-1 Ай бұрын

@UncleBernhard Ай бұрын

Then why not use it for charity? Humanity has enough problems that could use a little financial help!

@moomie1634 Ай бұрын

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.

@TheDeathvice187 Ай бұрын

@@moomie1634this, exactly

@jpm74608 Ай бұрын

YEAH I agree. give it away to people and companies that are failures

@MrPayne134 Ай бұрын

His money, he worked and earned. He can do with it as he chooses

@snwbm Ай бұрын

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.