Buffett 2018 Shareholders' Meeting
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Buffett believes that the success of China's economic development lies in the successful release of the creative potential of the Chinese. ...[full text]
At the scene of the newly held Buffett General Meeting, Buffett spent eight hours answering nearly 60 questions from investors. ...[full text]
Investing in stocks only needs to adhere to a simple concept. You have to stick to it for a long time and know what you are doing. ...[full text]
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Highlights of the conference site
The 9 highlights of Buffett's shareholder meeting: China's economic development is a miracle. A shares have many opportunities.

Buffett said that the economic progress China has made in the past few decades "is a complete miracle." Buffett also said that his company will expand its investment in economies such as China with large volume and growth potential. ...[Details]

Munger: Buffett invested 200 million in China for the first time and got 1 billion back.

Charlie Munger: Many investors in the United States today missed the opportunity in China. Of course, I think that they are still not comfortable with the current perception. In other words, investing in China seems to be too complicated and too difficult. In addition, the market in China is different from ours, but there is nothing wrong with these investors who should move their views to China. ...[Details]

8 year old shareholder question Buffett: Come to our asset allocation department after growing up!

Buffett: Your question has really stumped me. I am even glad that she is not 9 years old. She is 9 years old and does not know how to ask deep questions. I am sitting here and even thinking about how I will answer this question next time. I thought I bought this stock and bought it right. If you say it now, I just think that I made a mistake myself. ...[Details]

Buffett: In addition to China and the United States, some ideas that other countries have invested may not be found.

Buffett said at the shareholders meeting that in addition to China and the United States, you may not find some ideas for investment in other countries, scale and geography are all I have to consider. ...[Details]

Buffett answers Chinese investors: the Chinese market is a young and huge market

Buffett: The Chinese market is relatively young, but it is also a huge market. The market is growing efficiently according to its age, which is proportional. ...[Details]

Buffett claimed to have "semi-retired for decades". Munger said that he is reading and calling.

The first question at the shareholders' meeting of the day asked about Buffett's work status. The questioner said that Buffett mentioned that his work has two parts. One is to supervise these managers, and then to allocate funds. "Now someone manages, you do capital allocation, do you say that you are now half-retired?" In response, Buffett’s response was, “I have been semi-retired for decades....[Details]

The shareholders asked a question: Buffett’s words “I can’t answer”

Investment Consultant: I am an investment consultant. This question asks Warren and Charlie. You have demonstrated your talent in private sector capital allocation and have shown us the power of this field. Do you think that for this maturity of asset allocation, there is such an opportunity in the field of public listing, whether on a state or on a federal basis. How can the whole society get some benefits in this regard? ...[Details]

Buffett's latest investment trends
Why have you never bought Microsoft stocks? Buffett answers this way

Buffett: In the early days, it was clear to us that investing in technology stocks was a very stupid act. When Bill Gates came to our board, even earlier, because we were private friends, although privately good friends, Berkshire came to buy technology stocks, buy Microsoft stocks, still a very Big mistake. ...[Details]

The stock god has become "real estate big bang"! Buffett becomes "the second largest real estate agent in the United States"

Recently, Real Trends, a US real estate industry data provider, released a report on the 2017 Top 500 Real Estate Agency. The report pointed out that after acquiring Long and Foster, the third largest operator in the industry, Home Services became the second largest real estate brokerage company in the US after Realogy's NRT. ...[Details]

Live picture
Buffett this year

Buffett's shareholding list
company name Code Number of shares held Shareholding ratio Market value (million US dollars) Investment proportion
apple AAPL 165,333,962 5.29% 27,875.31 14.65%
FuGuo bank WFC 458,232,268 12.08% 27,622.24 14.52%
Kraft Heinz (Holdings) KHC 325,634,818 41.89% 25,119.47 13.20%
Bank of America BAC 679,000,000 9.42% 19,962.60 10.49%
Coca Cola KO 400,000,000 14.14% 18,196.00 9.56%
American Express AXP 151,610,700 20.88% 14,950.33 7.86%
Phillips 66 PSX 80,689,892 22.16% 8,105.30 4.26%
United Bank of America USB 87,058,877 7.02% 4,638.50 2.44%
Moody MCO 24,669,778 14.52% 3,630.65 1.91%
New York Mellon Bank BK 60,818,783 7.14% 3,261.10 1.71%
Southwest Airlines LUV 47,659,456 10.06% 3,113.59 1.64%
Delta Airlines DAL 53,110,395 8.49% 2,958.25 1.55%
Franchise communication CHTR 8,489,391 4.91% 2,852.10 1.50%
Davita Health DVA 38,565,570 24.12% 2,786.36 1.46%
Goldman GS 10,959,519 3.93% 2,783.83 1.46%
American airlines AAL 46,000,000 12.06% 2,388.78 1.26%
General Motors GM 50,000,000 4.82% 2,050.00 1.08%
Continental Airlines UAL 28,211,563 10.34% 1,901.46 1.00%
American asbestos USG 39,002,016 33.66% 1,503.92 0.79%
VeriSign VRSN 12,952,745 10.77% 1,482.31 0.78%
Monsanto MON 11,708,747 3.45% 1,354.70 0.71%
Free media LSXMA 31,090,985 34.82% 1,233.07 0.65%
Visa V 10,562,460 0.62% 1,202.11 0.63%
Manufacturer bank MTB 5,382,040 4.47% 916.24 0.48%
Good city COST 4,333,363 1.35% 804.36 0.42%
Synchronized finance SYF 20,803,000 3.08% 800.08 0.42%
Aishide coating AXTA 23,324,000 9.36% 754.76 0.40%
MasterCard MA 4,934,756 0.61% 744.46 0.39%
Sirius XM Holding SIRI 137,915,729 15.42% 737.85 0.39%
Free Global PLC Institutional Shareholding LBTYA 20,180,897 10.25% 723.28 0.38%
Free media company holding shares LSXMA 14,860,360 16.64% 589.36 0.31%
Tomak Financial TMK 6,353,727 7.31% 574.38 0.30%
International catering QSR 8,438,225 4.40% 514.98 0.27%
Store capital company STOR 18,621,674 10.05% 479.14 0.25%
Teva Pharmaceuticals TEVA 18,875,721 3.18% 357.69 0.19%
IWC business machine IBM 2,048,045 0.39% 311.14 0.16%
Free global PLC LBTYA 7,346,968 3.73% 263.32 0.14%
Sanofi Aventis SNY 3,878,524 1.70% 166.78 0.09%
Verisk Analytics VRSK 1,563,434 1.02% 150.09 0.08%
Walmart WMT 1,393,513 0.16% 136.88 0.07%
Graham Holdings GHC 107,575 2.75% 59.78 0.03%
Free latin american co., ltd. LILA 2,714,854 6.73% 54.7 0.03%
Johnson JNJ 327,100 0.02% 45.43 0.02%
Procter & Gamble PG 315,400 0.02% 28.76 0.02%
Free latin american co., ltd. LILA 1,284,020 3.19% 25.87 0.01%
Billion International MDLZ 578,000 0.05% 24.61 0.01%
United Parcel Service ups 59,400 0.01% 7.02 0.00%
Verizon Communications VZ 928 0.00% 0.05 0.00%
Note: As of December 31, 2017, Berkshire Hathaway's investment proportions were: financial stocks accounted for 39.03%, non-cyclical consumer stocks accounted for 21.08%, and technology stocks accounted for 18.6%, industrial Class stocks accounted for 7.48%, cyclical consumer stocks accounted for 5.22%, energy stocks accounted for 4.79%, basic materials stocks accounted for 2.11%, health care stocks accounted for 1.64%, and telecommunications services stocks accounted for 0.04% %.
Buffett's investment record review
years Return on investment (%) S&P 500 growth rate (%) The difference between the two (%) years Return on investment (%) S&P 500 growth rate (%) The difference between the two (%)
1965 23.8 10 13.8 1991 39.6 30.5 9.1
1966 20.3 -11.7 32 1992 20.3 7.6 12.7
1967 11 30.9 -19.9 1993 14.3 10.1 4.2
1968 19 11 8 1994 13.9 1.3 12.6
1969 16.2 -8.4 24.6 1995 43.1 37.6 5.5
1970 12 3.9 8.1 1996 31.8 twenty three 8.8
1971 16.4 14.6 1.8 1997 34.1 33.4 0.7
1972 21.7 18.9 2.8 1998 48.3 28.6 19.7
1973 4.7 -14.8 19.5 1999 5 twenty one -20.5
1974 5.5 -26.4 31.9 2000 6.5 -9.1 15.6
1975 21.9 37.2 -15.3 2001 -6.2 -11.9 5.7
1976 59.3 23.6 35.7 2002 10 -22.1 32.1
1977 31.9 -7.4 39.3 2003 twenty one 28.7 -7.7
1978 twenty four 6.4 17.6 2004 10.5 10.9 -0.4
1979 35.7 18.2 17.5 2005 6.4 4.9 1.5
1980 19.3 32.3 -13 2006 18.4 15.8 2.6
1981 31.4 -5 36.4 2007 11 5.5 5.5
1982 40 21.4 18.6 2008 -9.6 -37 27.4
1983 32.3 22.4 9.9 2009 19.8 26.5 -6.7
1984 13.6 6.1 7.5 2010 13 15.1 -2.1
1985 48.2 31.6 16.6 2011 4.6 2.1 2.5
1986 26.1 18.6 7.5 2012 14.4 16 -1.6
1987 19.5 5.1 14.4 2013 18.2 32.4 -14.2
1988 20.1 16.6 3.5 2014 8.3 11.39 -3.09
1989 44.4 31.7 12.7 2015 6.4 1.4 5
1990 7.4 -3.1 10.5 2016 10.7 12 -1.3