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Want To Invest Like Warren Buffett? Here's What You're Probably Missing
Coca-Cola Stock Could Be a No-Brainer Buy in May
Qin Shuo: Compared to Buffett, his successor Abel pays more attention to details.
Sina Finance reported that on May 3rd, the Shareholder meeting of Berkshire Hathaway Inc. that global investors are focusing on was grandly held in Omaha, Nebraska, USA. This year marks the 60th anniversary of Buffett's Shareholder meeting, and Sina Finance, in partnership with chief partner Qinghua Fenjiu, brings you direct coverage of the event. At the venue, Sina Finance spoke with cultural and financial observer Qin Shuo, who discussed Buffett's successor Abel in the interview. He believes that Abel will pay more attention to details. "Buffett, as CEO, is not a detail-oriented person. He spends a lot of energy on insights, research, and reviewing many numbers. Whereas Abel is more focused on the tangible aspects of business."
Buffett defends his poor eating habits: I drink whatever I want, and that's how I've lived so long.
At the annual shareholder meeting of Berkshire Hathaway on Saturday, Buffett defended his habit of consuming junk food and his dislike of exercising. On the table at the shareholder meeting were, as always, two cans of Coca-Cola and a box of Confectioners. The billionaire investor pointed out that eating like a child at his advanced age has not caused him any harm. Buffett said, "I am 94 years old this year, and I drink whatever I want." For a long time, there have been alarming warnings about the dangers of consuming Carbonated Drinks, but Buffett stated that it has not affected him or his late business partner Charlie Munger.
Berkshire Hathaway's cash reserves have increased to a record high, making it difficult to deploy funds amid the turbulent situation.
Berkshire's operating profit has decreased by about 14% year-on-year, and cash reserves have surged to a record $347.7 billion. In the context of uncertainties due to tariffs, the group finds it difficult to effectively deploy funds. In a statement released before the annual meeting in Omaha, Nebraska, led by CEO Warren Buffett, Berkshire reported that its operating profit has dropped to $9.6 billion. The statement mentioned international trade policies and tariffs, indicating that "there is still considerable uncertainty regarding the final outcomes of these events." At the company's annual meeting in Omaha, Buffett spoke more directly about tariffs.
Buffett: If the Bank of Japan raises interest rates, "I will never consider selling" Japanese stocks.
The 2025 Berkshire Hathaway Shareholders Meeting will be held on May 3, local time in the United States. When asked whether investment in Japanese Stocks would stop if the Bank of Japan raises interest rates in the future, the "Oracle of Omaha" clearly stated that there would be no Shareholding. "For the next 50 years... we will not consider selling these Stocks," Buffett said. He specifically pointed out that the performance of Japanese companies is "extraordinary," citing examples of how Apple, American Express, and Coca-Cola are performing well in the Japanese market. The investment master also revealed that he has established relationships with Japanese trading companies – Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation, and Marubeni Corporation.