Omaha, take. – Investor Warren Buffett told thousands of Barkshire Hathaway shareholders on Saturday that the United States should not be used as “trade” and the rest of the world, like the global market like President Donald Trump, should not be angry.
At the beginning of the shareholders’ meeting, he addressed the subject in everyone’s mind, “Buffett said,” When you have 7.5 billion people who do not like you very well, and you have 300 million people who work hard, “this is a big mistake in my view. “
Although Buffett said that trade between countries is best for balance, he does not think that Trump is on the right track with its huge tariffs. He said the world would be safe if the country is prosperous.
“We should try to trade with other parts of the world,” he said
The United States has been through revolutionary change since its birth and the promise of equality for all, which has not been fulfilled a few years later, said Buffett. However, what is going on today has not changed its long -term optimism about the country.
“If I was born today I would continue to discuss the womb until they say, ‘You can stay in the United States,’” Buffet said.
The tariffs were the top issues that the shareholders asked the CNBC Reporter to ask about the questions that had been sent to the time those who would grill the day to Buffet and its top two directors throughout the day. But investors will also look for him to explain why he is sitting in a $ 347.7 billion cash in Berkshaire.
Buffett said that he could not see many attractive prices in these days, but he predicted that one day Berkshire “would burst bombs that we would be happy to have in cash.”
Hayibo Liu even camps overnight outside the arena to be first in line on Saturday morning. Liu said that he expressed concern that this year could be the last meeting of Buffett at the age of 94, so he made a priority to attend his second meeting.
“He helped me a lot,” Liu says who traveled to participate in China. “I really want to thank him.”
The meeting attracts about 5 people every year who wants to hear from Buffett with some celebrities and well -known investors. Hillary Rodham Clinton was also present this year. Clinton’s latest candidate Buffet has publicly supported because he has moved away from politics and any controversial issues in recent years for fear of hitting Berkshire’s businesses.
Shareholder Linda Smith (73) first learned about Warren Buffett and Berkshire Hathao when he rented a room from his sister Doris, when he was a graduate student in Washington, when Washington DC Smith told him that Berkshire told him to buy him and bought him.
Smith could not buy it immediately because a single share price was sold for about $ 3,400 and it was equal to his income as a grade student. However, as soon as he got a job after college, he consulted his friend and started saving for buying some stocks that now sell for $ 809,350.
Over the years, Smith assumes that he probably participated in about 20 annual meetings – often brought a friend.
“I really liked to listen to Warren Buffett – especially about what happened this year,” Smith said, “Smith said.
Buffett has long said that he has no plans to retire because he has enjoyed determining where to invest more of Berkshire money. He is planning to continue working until he dies or is disabled. However, he is also in good health using a cane and he shortened the questionnaire of the meeting within a few hours this year.
“I think he dies, but these businesses will hold their price,” Smith said around 200,000 square feet of feet filled with booths of Berkshire companies like Berkshire companies like Berkshire companies like Smith BNSF Railway, Zico Insurance, Pilot Truck Stops, Durassel Battery and many others. “I am hoping to get down to my stock for a while but good business and good people will come back,” he said.
However, Smith and thousands of others must miss after hearing the voice of Buffett. Buffett has now been leading Berkshire for 60 years.
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