Stock Market Today

Stock god” Warren Buffett ‘s Berkshire Hathaway attended the annualAGMAnd share with the participants and journalists shareholders investment experience . He said , do not try to invest in the stock market when landing , bargain hunters , do not over- price factors considered .

Buffett in response to a reporter , “You ready to do more business in China do ? ” The question that China is a huge market. There may be opportunities to buy more companies . We have purchased more than 10% of BYD shares .

When talking about his propensity to invest , Buffett made it clear that the depreciation of the dollar as investors anticipated an important consideration . Buffett said that if he ” landed from Mars today ( to the United States ), with 100 million yuan currency Mars , is still considering how to ‘ dispose of ‘ the money , “then he would not put all the money into U.S. dollars for all . Buffett believes that the U.S. government will follow the existing policy , making the dollar continues to weaken . Therefore, he intends to expand the Berkshire Hathaway business in the area of non-dollar investment ratio .

When a 30 -year-old shareholders ask for advice in this age when the best investment ideas , Buffett said: ” I will funds be used to purchase low-cost index funds. unless I was in during the bull market to buy , otherwise I Confident of strong gains in the market … … and I can come back to continue my work. ”

Buffett , a shareholder to question whether the company’s recent purchase of shares can bring more than 10 % of the proceeds . Buffett immediately shook his head “no.” “If we can achieve pre-tax earnings 10% , we would be very happy. ” Buffett said, ” If anyone expects us to repeat the last ( record ), then he should sell their stock , this can not happen . ”

A reporter asked Buffett is not buying auction still , how to analyze opportunities for the current downturn in the stock market ? Buffett said the same is true in 1974 when the stock market downturn, when he realized that low prices must not buy , although he did like the low-priced stocks. Must depend on your own feelings . He said , do not try to invest in the stock market when landing . Should do some reasonable analysis, in fact , the price is a game. Buying , do not over- price factors considered .

Buffett said that the currentInflationIs inevitable . Government spending has led to the taxpayers do not have to go to stimulate consumption , and the taxpayers a lot of hand holding U.S. dollar , which , like government bonds and investment , leading to the current situation of sluggish consumption . He said that if the consumer’s demand , then economic growth will have a positive impact . The best way to prevent inflation, ” earning power “and the second best way is to ” better economic environment. ”

However, he said in the past few months , California real estate market there have been some recovery , but the price is concerned, and no substantive changes. He believes there may be a better situation , but to really solve the problem , there is still a long way to go .

In addition , Buffett also candidates for important positions in the company ‘s situation and performance is evaluated.

Buffett said the three CEO ‘s successor come from within Berkshire , and four investment director ‘s successor is likely to come from both within Berkshire may also come from the outside . Buffett also stressed that the four candidates for director of investment performance in 2008, failed to beat the S & P 500 Index . However , he said , “In the past, the period of time, they Mei You can achieve brilliant performance, but I myself can Zuodao this same Mo 1:00 . Therefore, this Yifang Mian consideration , I am able to accept their results . “