قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Warren Buffett Announcement to Berkshire Hathaway Shareholders

Warren Buffett Announcement to Berkshire Hathaway Shareholders



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Warren Buffett's letter to Berkshire Hathaway's ( BRK-A & BRK-B ) shareholders are out and this is different this time. Data-response time = "22"> Warren Buffet's Yearbook to Berkshire Hathaway's (BRK-A, BRK-B) shareholders are out and this time different.

"Long-term readers of our annual reports have seen another way I opened this letter, he said On top. "For almost three decades, the original paragraph highlighted the percentage change in Berkshire's book value per Share. Now is the time to give up the practice."

<p class = "canvas-atom canvas text Mb (1

.0 em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Buffett said reporting that metric "has lost the relevance it once had. "He pointed out on three grounds: 1)" Berkshire has gradually morphed from a company whose assets are concentrated in marketable shares to one whose principal value is operating companies ", 2)" while our equity is valued at market prices, requires the accounting rules that our collection of operating companies is included in the book value by an amount well below their present value, a mismatch that has grown in recent years "and 3)" it is likely that Berkshire will be a substantial buy-back of its shares, transactions that take place at book value but below our own value estimate. Data Reaction = "24"> Buffett said reporting that metric "has lost the relevance of ance it once had." He pointed to three reasons: 1) "Berkshire has gradually morphed from a company whose assets are concentrated in marketable shares to one whose principal value is in operating companies "; 2) "while our equity holdings are valued at market prices, the accounting rules require that our collection of operating companies is recognized in book value by an amount well below their present value, a spread that has grown in recent years"; and 3) "It is likely that Berkshire will, over time, be a substantial buy-back of its shares, transactions taking place at book value but below our own value estimate."

At the final material repurchase, Buffett stated: "The math for such purchases is simple: Each transaction makes the intrinsic value of each share go up while the book's value per share falls. That combination results in the book's scorecard becoming more and more without contact with the economic reality. "

Purchase of shares has been heavily politicized in recent weeks. But it is clear that Buffett will continue to block noise and continue to focus on what he thinks is best for the business.

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – -sm Mt (0.8em) – sm" type = "text" content = " Berkshire buys several shares, but it is not a market call "data-reactid =" 27 "> Berkshire buys more shares, but it is not a market call

. One of the ongoing issues that Berkshire investors have is how will management take advantage of some of the company's massive $ 112 billion in cash. Earlier, Buffett has characterized the unpleasant goal as an "elephant-size" acquisition.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) –sm" type = "text" content = "Unfortunately, Buffett believes that & nbsp; market looks expensive . "Data-response time =" 29 "> Buffett unfortunately believes the market looks expensive.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) " data-reactid = "31"> This story is evolving and this posts are updated.

Newcomer and expert investors around the world, young and old, follow Buffett with the hope of better understanding how Omaha Oracle makes their bets.

<p class = "canvas-atom canvas-text Mb em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Recently, Berkshire Hathaway's portfolio has experienced Friday, Kraft Heinz ( KHC ) took shares by news that earnings were disappointing, the company's dividends would be cut, intangible assets were written down, and the company was inscribed by the SEC. At the end of 2018, Berkshire owned 27% of the company data-response time = "33"> Recently, Berkshire Hathaway's portfolio has seen some stumbling blocks. that earnings were disappointed, the company's dividends would be cut, intangible assets were written down, and the company was convicted by the SEC, and at the end of 2018, Berkshire owned 27% of the company.

While no one likes to suffer losses, Buffett tends to think about long-term time horizons.

<p class = "canvas-canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" "Your goal as an investor should simply be to buy at a rational price a lot of interest in an easily understandable business, whose earnings are almost certain to be significantly higher five, ten and twenty years from now, "Buffett said in 1996 ." data-reactid = "35"> "Your goal as an investor should simply be to buy for a rational praise a partial interest in an easily understandable business whose earnings are almost certain to be significantly higher five, ten and twenty years from now, "Buffett said in 1996. [19659008] Furthermore, he and his team can see Kraft's sales as an opportunity for to buy more shares.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt em) – sm" type = "t ext" content = "" The best thing that happens to us is when a good company comes into temporary trouble, "Buffett said in 1998 ." We will buy them when they are on the console. "" Data Reaction = "37"> "The best thing that happens to us is when a good company comes into temporary trouble, "Buffett said in 1998." We will buy them when they are on the desk. "

See you.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) –sm Mt (0.8em) – sm" type = "text" content = " Sam Ro is the CEO of Yahoo Finance, following him on Twitter : @SamRo "data-reactid =" 40 "> Sam Ro manages the editor at Yahoo Finance. Follow him on Twitter : @ SamRo

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Read more :" data-reactid = "41"> Read more :

<p class = "canvas-atom canvas-text Mb ( 1.0em) Mb [nbsp;] Twitter & Instagram and & nbsp; LinkedIn "data-reactid =" 47 "> Follow Yahoo Finance on Facebook, Twitter Instagram and LinkedIn


Source link