- ACTRUCTION OF THE PHONE MARKING Done by the global tariffs of President Donald Trump brought the investment steps of the Urana Buffett over the past year in the fresh light, emphasizing his prudence against the background of the prudent market of bulls. His decision last year shed most of Berkshire Hethai Apple The stock now looks especially well timed.
Berkshire Hethai Last year, the chairman and CEO of Urano Buffett over the past year seem to be ill -timed in connection with the crisis of the stock market caused by the global tariffs of President Donald Trump.
In the latest S&P 500 trading classes alone, it crashed by 10%, and the wide market index decreased by 17% compared to the peak of mid -February. Meanwhile, technological heavy Nasdaq And the small capitalization of Russia 2000 is in the bear market territory, and it has knocked over 20% of its recent highs.
Since Trump’s time“Liberation Day”On Wednesday, US shares lost more than $ 6 trillion in market capitalization in the worst sale from the first days of the Covid-19 pandemic in 2020 when Prices for Wall Street in the US tariff recession.
But Buffett seemed to predicted the decline of the market comes. In 2024, Berkshire sold $ 134 billion – when the bull market was still raging – and at the end of the year, he was sitting on a record pile of cash at $ 334 billion. This is almost twice as much as a year earlier and more than its shrinking portfolio of $ 272 billion.
Of course, the value-oriented investor for years also complained that the estimates were too high and distracted from using their cash to large acquisitions due to lack of transactions.
Most cash Berkshire consists of short -term treasured bills that not only offer refuge from thunderstorms, but also provide conglomerate neat profits that Buffett noted in his last Letter to shareholders.
“We were assisted by a predictable great profit in investment income because the cost of the Treasury improved, and we significantly increased our possessions of these very liquid short-term securities,” he wrote in February.
In addition to what he bought, what he sold is also standing out, given the collapse of the market.
Last year, Berkshire reduced its Apple Stake by about two -thirds, which represented the majority of the company’s shares, although the iPhone manufacturer remains its largest actions.
Those sales that took place in the first three quarters of the year also occurred when Apple was still increasing, the actions reached the maximum in late December.
But from this peak, Apple has fallen apart 28%, as the US tariffs are expected to hit China hard. All because Apple, like many technology companies, relies on China for spare parts and production.
With the latest Trump tariff, imports from China are now facing 54%. And if the administration monitor the threat of pressing the “secondary tariff” on countries that buy oil from Venezuela, this figure can reach 79%.
Meanwhile, Berkshire was also Downloading a US bank stock and Citigroup. This year, both banking giants decreased by about 22%.
Unlike this, Berkshire’s shares increased by 9%this year, although last week they took a modest hit. A wide range of its enterprises such as insurance, rail and energy, mainly focused on the US and is less subjected to import.
As a result, the personal wealth of the baffet grew this year, unlike his peers. As depending on Index Bloomberg BilloombesThis year, its net price increased by $ 12.7 billion to give it a total of $ 155 billion, putting it at number 6 in the list and, in fact, linking it to Bill Gates, whose happiness declined by $ 3.38 billion.
Elon Musk remains No. 1 from $ 302 billion, although it decreased by $ 130 billion in 2025, followed by Jeff Bezos with $ 193 billion, decreasing by $ 45.2 billion.
Because Buffett observers expect that there will be a recent grille on the market to finally make it a large purchase or purchase, its February letter may offer a hint.
“Berkshire’s shareholders can be sure that we will forever deploy a large majority of our money in stocks – mostly American shares, although many will have international operations that are important,” he wrote. “Berkshire willneverPrefer property rights to cash assets for good business, controlled or partially belonging. “
Originally this story was presented on Fortune.com
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2025-04-05 18:15:00
Jason Ma
