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StockRookie
06-29
Fantastic anniversary campaign
@TigerEvents:[10th Anniv] Discover exciting features & win a US$1,010 reward!
StockRookie
06-29
๐Happy 10th Anniversary๐
StockRookie
01-15
$Seatrium(S51.SI)$
trying out
StockRookie
01-14
๐๐๐๐๐๐๐๐๐
StockRookie
01-13
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
StockRookie
01-13
๐๐๐๐๐๐๐๐๐๐๐
StockRookie
01-12
๐๐๐๐๐๐๐๐๐๐๐
StockRookie
01-11
๐๐๐๐๐๐๐๐
StockRookie
01-10
๐๐๐๐๐๐๐๐๐
StockRookie
01-09
๐๐๐๐๐๐๐๐
StockRookie
01-08
๐๐๐๐๐๐๐๐๐๐๐๐๐
StockRookie
01-07
๐๐๐๐๐๐๐๐๐
StockRookie
01-05
๐๐๐๐๐๐๐๐
StockRookie
01-05
๐๐๐๐๐๐๐๐๐๐๐ฅ๐ฅ๐ฅ๐ฅ
@TigerEvents:๐ ๐ TIGER TYCOON CHALLENGE IS ON! ๐๐
StockRookie
01-04
๐๐๐๐๐๐๐๐๐
StockRookie
01-03
๐๐๐๐๐๐๐๐๐๐
StockRookie
01-02
๐๐๐๐๐๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
StockRookie
01-01
๐๐๐๐๐๐๐๐๐๐
StockRookie
2023-12-31
๐๐๐๐๐๐๐
StockRookie
2023-12-30
๐๐๐๐๐๐๐๐๐๐
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Introducing the Tiger Tycoon Challenge โ where fortunes are made, and USD 888 worth of prizes await the boldest players! ๐ฐ๐๐ฏ Objective: Build your empire, score big points, and unlock fabulous rewards!๐ฐ Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! ๐ฐ๐ต๐ Construct & Conquer: Step on an empty tile to construct a building to gain points! ๐ฐ๐ Prizes Galore: Hit the prize tile to claim your treasure โ it could be anything! ๐โจ๐ Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! ๐๐ฎ๐ Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. 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","listText":"[Miser] [Miser] [Miser] [Miser] [Miser] [Miser] ","text":"[Miser] [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/190998360842416","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049113201,"gmtCreate":1655768993103,"gmtModify":1676535699524,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049113201","repostId":"1110030511","repostType":4,"repost":{"id":"1110030511","pubTimestamp":1655768483,"share":"https://ttm.financial/m/news/1110030511?lang=&edition=fundamental","pubTime":"2022-06-21 07:41","market":"sg","language":"en","title":"4 Dividend Stocks to Own for the Rest of Your Life","url":"https://stock-news.laohu8.com/highlight/detail?id=1110030511","media":"The Smart Investor","summary":"Thereโs nothing more comforting than receiving aย dividendย in your bank account.Not only does it repr","content":"<html><head></head><body><p>Thereโs nothing more comforting than receiving aย dividendย in your bank account.</p><p>Not only does it represent cold, hard cash that you can use as you wish, but itโs also a tangible return on your investment that is not dictated by volatile share prices.</p><p>Dividends have the added advantage of being a passive source of income.</p><p>โPassiveโ means that you donโt need to work to obtain this flow of cash and can just sit back and relax as these dividend stocks pay you to own them.</p><p>As a bonus, Singaporeโs tax authorities do not tax dividend income; compare this to rental income from owning an investment property that is subject to taxation.</p><p>If you are an income-seeking investor, youโll probably want to know which stocks can pay you dividends well into yourย retirement.</p><p>Here are four dividend stocks that you can buy and hold for the rest of your life.</p><p><b>DBS Group (SGX: D05)</b></p><p>DBS needs no introduction, being Singaporeโs largest bank with a market capitalisation of around S$77 billion.</p><p>The bank represents the bedrock of Singaporeโs economy and was voted โThe Worldโs Best Bankโ by Euromoney for four straight years.</p><p>DBS was also voted the worldโs bestย digital bankย because of the launch of itsย digital exchange, its new blockchain payments joint venture, and its digital adviser NAV planner that taps on artificial intelligence.</p><p>Meanwhile, the lender has steadily increased its annual dividend from S$0.56 in 2009 to S$1.20 in 2021.</p><p>For the first quarter of fiscal 2022 (1Q2022), DBS reported a creditableย set of earningsย and also paid out an interim quarterly dividend of S$0.36.</p><p>Annualised dividend stands at S$1.44 per share, translating to a forward dividend yield of 4.8%.</p><p><b>iFAST Corporation Limited (SGX: AIY)</b></p><p>iFAST is a financial technology company that operates a platform for the buying and selling of equities, bonds, and unit trusts.</p><p>iFAST was incorporated in the year 2000 and offers access to over 15,000 investment products and has assets under administration (AUA) of around S$18.63 billion as of 31 March 2022.</p><p>The group has been consistently paying out a quarterly dividend since its listing in December 2014.</p><p>The dividend per share has grown from S$0.0279 in the fiscal year 2015 (FY2015) and has increased to S$0.048 in FY2021.</p><p>For 1Q2022, net profit declined by 34.9% year on year to S$5.74 million due to poor stock market conditions.</p><p>However, the fintech company has maintained its interim dividend of S$0.01 per share.</p><p>iFAST continues to build on the strategic initiatives that it announced in itsย four-year plan, such as becoming โbigger and betterโ and building a global business model.</p><p>Its Hong Kong divisionโs earnings areย set to surgeย from next year while the group also purchased aย UK digital bankย for S$73 million.</p><p><b>Haw Par Corporation Ltd (SGX: H02)</b></p><p>Haw Par is a conglomerate that has four core divisions โ healthcare, leisure, investments, and property.</p><p>The group is famous for its Tiger Balm brand of ointments and salves that are sold worldwide.</p><p>Listed in 1969, the conglomerate has a long history of paying out twice-yearly dividends.</p><p>The dividend per share started at S$0.20 back in FY2010 but has increased by 50% to S$0.30 in FY2021.</p><p>For FY2018, the group rewarded shareholders with a special dividend of S$0.85 to commemorate its 50thanniversary, bringing the total dividend that year to S$1.15 per share.</p><p>Haw Par has shown its ability and willingness to continue doling out steady dividends to shareholders through good times and bad.</p><p>Leveraging the strength of its Tiger Balm brand, the group should continue to pay out dividends for the foreseeable future.</p><p><b>Boustead Singapore Limited (SGX: F9D)</b></p><p>Boustead Singapore, or BSL, is another conglomerate with four divisions โ energy-related engineering, real estate solutions, geospatial technology, and healthcare.</p><p>BSL was listed way back in 1975 and has regularly paid out dividends through different economic cycles.</p><p>The group resumed paying dividends in 2003 and has not missed a single year of dividend payments since then.</p><p>BSL has continued paying dividends even through the Great Financial Crisis and the recent pandemic.</p><p>For its latest fiscal 2022 ended 31 March 2022, the group has proposed a final dividend of S$0.025.</p><p>Together with its interim dividend of S$0.015, the conglomerate would have paid out a total ordinary dividend of S$0.04, unchanged from a year ago.</p><p>BSLโs shares offer a trailing dividend yield of 4.2%.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Dividend Stocks to Own for the Rest of Your Life</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Dividend Stocks to Own for the Rest of Your Life\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 07:41 GMT+8 <a href=https://thesmartinvestor.com.sg/4-dividend-stocks-to-own-for-the-rest-of-your-life/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thereโs nothing more comforting than receiving aย dividendย in your bank account.Not only does it represent cold, hard cash that you can use as you wish, but itโs also a tangible return on your ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-dividend-stocks-to-own-for-the-rest-of-your-life/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"ๆๅฑ้ๅขๆง่ก","H02.SI":"่่ฑนไผไธ","AIY.SI":"ๅฅไธฐ้ๅข","F9D.SI":"ๅฎๅพทๆฐๅ ๅก"},"source_url":"https://thesmartinvestor.com.sg/4-dividend-stocks-to-own-for-the-rest-of-your-life/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110030511","content_text":"Thereโs nothing more comforting than receiving aย dividendย in your bank account.Not only does it represent cold, hard cash that you can use as you wish, but itโs also a tangible return on your investment that is not dictated by volatile share prices.Dividends have the added advantage of being a passive source of income.โPassiveโ means that you donโt need to work to obtain this flow of cash and can just sit back and relax as these dividend stocks pay you to own them.As a bonus, Singaporeโs tax authorities do not tax dividend income; compare this to rental income from owning an investment property that is subject to taxation.If you are an income-seeking investor, youโll probably want to know which stocks can pay you dividends well into yourย retirement.Here are four dividend stocks that you can buy and hold for the rest of your life.DBS Group (SGX: D05)DBS needs no introduction, being Singaporeโs largest bank with a market capitalisation of around S$77 billion.The bank represents the bedrock of Singaporeโs economy and was voted โThe Worldโs Best Bankโ by Euromoney for four straight years.DBS was also voted the worldโs bestย digital bankย because of the launch of itsย digital exchange, its new blockchain payments joint venture, and its digital adviser NAV planner that taps on artificial intelligence.Meanwhile, the lender has steadily increased its annual dividend from S$0.56 in 2009 to S$1.20 in 2021.For the first quarter of fiscal 2022 (1Q2022), DBS reported a creditableย set of earningsย and also paid out an interim quarterly dividend of S$0.36.Annualised dividend stands at S$1.44 per share, translating to a forward dividend yield of 4.8%.iFAST Corporation Limited (SGX: AIY)iFAST is a financial technology company that operates a platform for the buying and selling of equities, bonds, and unit trusts.iFAST was incorporated in the year 2000 and offers access to over 15,000 investment products and has assets under administration (AUA) of around S$18.63 billion as of 31 March 2022.The group has been consistently paying out a quarterly dividend since its listing in December 2014.The dividend per share has grown from S$0.0279 in the fiscal year 2015 (FY2015) and has increased to S$0.048 in FY2021.For 1Q2022, net profit declined by 34.9% year on year to S$5.74 million due to poor stock market conditions.However, the fintech company has maintained its interim dividend of S$0.01 per share.iFAST continues to build on the strategic initiatives that it announced in itsย four-year plan, such as becoming โbigger and betterโ and building a global business model.Its Hong Kong divisionโs earnings areย set to surgeย from next year while the group also purchased aย UK digital bankย for S$73 million.Haw Par Corporation Ltd (SGX: H02)Haw Par is a conglomerate that has four core divisions โ healthcare, leisure, investments, and property.The group is famous for its Tiger Balm brand of ointments and salves that are sold worldwide.Listed in 1969, the conglomerate has a long history of paying out twice-yearly dividends.The dividend per share started at S$0.20 back in FY2010 but has increased by 50% to S$0.30 in FY2021.For FY2018, the group rewarded shareholders with a special dividend of S$0.85 to commemorate its 50thanniversary, bringing the total dividend that year to S$1.15 per share.Haw Par has shown its ability and willingness to continue doling out steady dividends to shareholders through good times and bad.Leveraging the strength of its Tiger Balm brand, the group should continue to pay out dividends for the foreseeable future.Boustead Singapore Limited (SGX: F9D)Boustead Singapore, or BSL, is another conglomerate with four divisions โ energy-related engineering, real estate solutions, geospatial technology, and healthcare.BSL was listed way back in 1975 and has regularly paid out dividends through different economic cycles.The group resumed paying dividends in 2003 and has not missed a single year of dividend payments since then.BSL has continued paying dividends even through the Great Financial Crisis and the recent pandemic.For its latest fiscal 2022 ended 31 March 2022, the group has proposed a final dividend of S$0.025.Together with its interim dividend of S$0.015, the conglomerate would have paid out a total ordinary dividend of S$0.04, unchanged from a year ago.BSLโs shares offer a trailing dividend yield of 4.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062601234,"gmtCreate":1652054287928,"gmtModify":1676535019208,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062601234","repostId":"2234604593","repostType":4,"repost":{"id":"2234604593","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1652052160,"share":"https://ttm.financial/m/news/2234604593?lang=&edition=fundamental","pubTime":"2022-05-09 07:22","market":"other","language":"en","title":"Australia Shares Likely to Slide at Open, NZ Falls","url":"https://stock-news.laohu8.com/highlight/detail?id=2234604593","media":"Reuters","summary":"May 9 (Reuters) - Australian shares are expected to open lower on Monday on continuing fears of aggr","content":"<html><head></head><body><p>May 9 (Reuters) - Australian shares are expected to open lower on Monday on continuing fears of aggressive rate hikes and economic slowdown after the country's central bank raised inflation forecasts drastically last week.</p><p>The local share price index futuresย fell 0.7%, a 98.6-point discount to the underlying S&P/ASX 200 indexย close. The benchmark fell 2.2% on Friday.</p><p>New Zealand's benchmark S&P/NZX 50 indexย fell 0.1% to 11,599.28 in early trade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia Shares Likely to Slide at Open, NZ Falls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia Shares Likely to Slide at Open, NZ Falls\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-09 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 9 (Reuters) - Australian shares are expected to open lower on Monday on continuing fears of aggressive rate hikes and economic slowdown after the country's central bank raised inflation forecasts drastically last week.</p><p>The local share price index futuresย fell 0.7%, a 98.6-point discount to the underlying S&P/ASX 200 indexย close. The benchmark fell 2.2% on Friday.</p><p>New Zealand's benchmark S&P/NZX 50 indexย fell 0.1% to 11,599.28 in early trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"ๆ ๆฎ/ๆพณไบคๆ ๆฎ้่กๆๆฐ","XJO.AU":"ๆ ๆฎ/ๆพณไบคๆ 200ๆๆฐ","XKO.AU":"ๆ ๆฎ/ๆพณไบคๆ 300ๆๆฐ"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234604593","content_text":"May 9 (Reuters) - Australian shares are expected to open lower on Monday on continuing fears of aggressive rate hikes and economic slowdown after the country's central bank raised inflation forecasts drastically last week.The local share price index futuresย fell 0.7%, a 98.6-point discount to the underlying S&P/ASX 200 indexย close. The benchmark fell 2.2% on Friday.New Zealand's benchmark S&P/NZX 50 indexย fell 0.1% to 11,599.28 in early trade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069722090,"gmtCreate":1651366231382,"gmtModify":1676534894712,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069722090","repostId":"1102313596","repostType":4,"repost":{"id":"1102313596","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1651364553,"share":"https://ttm.financial/m/news/1102313596?lang=&edition=fundamental","pubTime":"2022-05-01 08:22","market":"us","language":"en","title":"Full Recap of Berkshire Hathawayโs Annual Shareholders Meeting Saturday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102313596","media":"Tiger Newspress","summary":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron","content":"<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathawayโs first in-person annual meeting since 2019, Buffett went so far as to say the marketโs turned into a โgambling parlor.โ</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation โswindlesโ equity investors, but noted Saturday that it โswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.โ</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoftโs proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader marketโs downturn.</p><p>Buffett also stressed the importance of cash as โnew forms of moneyโ like bitcoin pop up.</p><p>โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill. โThatโs what money is.โ</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1โฒs market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarterโs market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is โbetter than the banksโ</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions โ saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be โbetter than the banksโ at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>โWas that a banker screaming?โ Buffett joked.</p><h3><b>Buffett warns shareholders about โnew forms of moneyโ and the importance of cash</b></h3><p>Warren Buffett warned shareholders about โnew forms of moneyโ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will โalways have a lot of cash on hand.โ</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin โrat poisonโ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill.</p><p>โThatโs what money is,โ he added. โIt may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that theyโre reaching [for] new forms of money, this is the only thing that will pay bills.โ</p><h3><b>Berkshire put money to work after finding โlittle excitingโ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is โlittle that excites usโ in the market. But soon after, he put Berkshireโs money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshireโs first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>โWe found some things we prefer to owning Treasury bills,โ quipped Berkshire vice chairman and Buffettโs right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>โThatโs not investment. Youโre not buying from [investors]. I find it just incredible. You couldnโt do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,โ Buffett said.</p><p>โThat enabled us, in a two-week period, to buy 14% of a business thatโs been around for decades,โ Buffett said. โImagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and weโve seen a lot.โ</p><p>The legendary investor said that the short-term volatility earlier this year fueled by โgambling mentalityโ allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshireโs portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooksโ products but that he thinks some of the cost pressures could cool soon.</p><p>โWe donโt have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itโs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,โ Weber said.</p><h3><b>Buffett wants Berkshire to be in a โposition to operateโ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a โposition to operateโ should the economy stop.</p><p>โWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,โ Buffett said. โAnd that can always happen, it can always happen.โ</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserveโs role during the 2008 financial crisis and the pandemic.</p><p>โThe Federal Reserve has not gone,โ Buffett said. He added the Fed will โdo whatever is necessary. ... Thatโs what happened in 2008 and 2009, and thatโs what happened in 2020, and youโll hope it happens again next time.โ</p><h3><b>Buffett says he has "so much trouble" finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>โWe have so much trouble finding good ideas that we canโt afford to ignore any,โ Buffett said. โBut they do have to be sizable.โ</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>โWeโll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,โ Buffett said.</p><h3><b>Munger says todayโs stock market "almost a mania of speculation"</b></h3><p>Munger said todayโs stock market has become โalmost a mania of speculation.โ</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>โWe have computers with algorithms trading against other computers,โ Munger said. โWeโve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>โI understand the commission though,โ Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>โPeople and tradersโ poker chips are pulling the handle,โ he said. โTheyโve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobodyโs going around selling calls on farms. Thatโs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itโs not because weโre smarter. โฆ weโre sane, and thatโs the main requirement in this business.โ</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>โItโs the most ridiculous criticism I ever heard,โ Munger said.</p><p>โItโs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, โI donโt like the way you were holding your spear when you won that battle,โโ he added, referencing ancient Greek epic โThe Odyssey.โ</p><p>The California Public Employeesโ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposalโs aim stems from concerns about corporate governance with one person holding dual roles.</p><p>โSome guy thatโs never run any business, doesnโt know anything โ I donโt think too much of this activity,โ Munger said.</p><h3><b>Berkshireโs head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerateโs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>โEach one have their plusses and minuses, but having said that, thereโs no question that recently Progressive has done a much better job than Geico โฆ both in terms of margins and in terms of growth,โ Jain said.</p><p>โThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned โฆ is telematics,โ he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>โProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnโt involved in telematics,โ Jain said. โItโs a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.โ</p><p>Jainโs comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been "good at timing"</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>โWe havenโt the faintest idea what the stock market was gonna do when it opens on Monday,โ Buffett said in response to an audience question.</p><p>โI donโt think weโve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economyโs going to do. We donโt know,โ he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners heโs picked over the years, pointing out heโs also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>โWe have not been good at timing,โ Buffett said. โWeโve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.โ</p><h3><b>Munger says "just say no" to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didnโt say where they would put their money, but Munger was clear about where he wouldnโt invest: bitcoin.</p><p>โWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,โ he said.</p><p>Mungerโs answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>โI went to the New York Stock Exchange, I was in awe of it,โ Buffett said. โI got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.โ</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherโs office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Grahamโs โThe Intelligent Investor.โ</p><p>โI looked at this book and I saw one paragraph and it told me Iโve been doing everything wrong. I just had the whole approach wrong,โ Buffett said.</p><h3><b>Buffett wants to make it clear heโs not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that heโs not the only one at Berkshire Hathaway picking stocks.</p><p>โI see headlines in papers just time after time after time that say, โBuffettโs buying such and such,โโ Buffett said. โIโm not buying such and such. Berkshire Hathaway is buying.โ</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffettโs ever having heard of it.</p><p>โBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donโt know whether it is the people that work for him, the headline is designed to bring people into the story,โ Buffett said.</p><p>โThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnโt ask for in the first place,โ he said.</p><h3><b>Buffett says inflation โswindles almost everybodyโ</b></h3><p>When asked about his previous comments that inflation โswindlesโ equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>โInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,โ he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnโt as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>โThe question is how much ... and the answer is nobody knows,โ Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoftโsproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire โhad no prior knowledgeโof Microsoftโs plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoftโs offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. โIf we went over 10%, we would file a report,โ he said.</p><p>โIf the deal goes through, we make some money, and if the deal doesnโt go through, who knows what happens,โ Buffett said.</p><p>โWe donโt know what the Justice Department will do, we donโt know what the E.U. will do, we donโt know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,โ Buffett added.</p><h3><b>Buffett: โI look at Berkshire as a paintingโ</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>โI look at Berkshire as a painting,โ Buffett said. โItโs unlimited in size; itโs got an ever-expanding canvas, and I get to paint what I want.โ</p><p>Buffett did acknowledge that he doesnโt know much about art, but added that โother people look at paintings and they see something, then theyโll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.โ</p><p>โItโs in my head, and I see different things in it as I go along,โ Buffett said. โItโs satisfying.โ</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>โYou print loads of money, and money is going to be worth less,โ Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>โIn my book,Jay Powellis a hero. Itโs very simple. He did what he had to do,โ Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>โMy general assumption โ thereโs no way to prove it โ but essentially, people are now behaving somewhat more tribal than they have for a long time,โ Buffett said.</p><p>โItโs fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and theyโre gonna give you those answers,โ he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings werenโt served dessert until they โsaid something nastyโ about Roosevelt.</p><p>โI donโt think itโs a good development for society,โ Buffett said.</p><h3><b>Buffett says he wonโt buy bitcoin because โit doesnโt produce anythingโ</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>โWhether it goes up or down in the next year, or five or 10 years, I donโt know. But the one thing Iโm pretty sure of is that it doesnโt produce anything,โ Buffett said. โItโs got a magic to it and people have attached magics to lots of things.โ</p><p>Buffett listed farmland, apartment buildings โ and even art โ as assets that had more tangible value than bitcoin.</p><p>โAssets, to have value, have to deliver something to somebody. And thereโs only one currency thatโs accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,โ he said, holding up a $20 bill. โAnd thereโs no reason in the world why the United States government โฆ is going to let Berkshire money replace theirs.โ</p><h3><b>Berkshireโs business meeting concludes with shareholder votes</b></h3><p>Berkshireโs formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the companyย to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshireโs climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreementโs 1.5ยฐC goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Full Recap of Berkshire Hathawayโs Annual Shareholders Meeting Saturday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFull Recap of Berkshire Hathawayโs Annual Shareholders Meeting Saturday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-01 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathawayโs first in-person annual meeting since 2019, Buffett went so far as to say the marketโs turned into a โgambling parlor.โ</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation โswindlesโ equity investors, but noted Saturday that it โswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.โ</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoftโs proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader marketโs downturn.</p><p>Buffett also stressed the importance of cash as โnew forms of moneyโ like bitcoin pop up.</p><p>โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill. โThatโs what money is.โ</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1โฒs market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarterโs market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is โbetter than the banksโ</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions โ saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be โbetter than the banksโ at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>โWas that a banker screaming?โ Buffett joked.</p><h3><b>Buffett warns shareholders about โnew forms of moneyโ and the importance of cash</b></h3><p>Warren Buffett warned shareholders about โnew forms of moneyโ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will โalways have a lot of cash on hand.โ</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin โrat poisonโ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill.</p><p>โThatโs what money is,โ he added. โIt may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that theyโre reaching [for] new forms of money, this is the only thing that will pay bills.โ</p><h3><b>Berkshire put money to work after finding โlittle excitingโ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is โlittle that excites usโ in the market. But soon after, he put Berkshireโs money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshireโs first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>โWe found some things we prefer to owning Treasury bills,โ quipped Berkshire vice chairman and Buffettโs right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>โThatโs not investment. Youโre not buying from [investors]. I find it just incredible. You couldnโt do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,โ Buffett said.</p><p>โThat enabled us, in a two-week period, to buy 14% of a business thatโs been around for decades,โ Buffett said. โImagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and weโve seen a lot.โ</p><p>The legendary investor said that the short-term volatility earlier this year fueled by โgambling mentalityโ allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshireโs portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooksโ products but that he thinks some of the cost pressures could cool soon.</p><p>โWe donโt have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itโs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,โ Weber said.</p><h3><b>Buffett wants Berkshire to be in a โposition to operateโ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a โposition to operateโ should the economy stop.</p><p>โWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,โ Buffett said. โAnd that can always happen, it can always happen.โ</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserveโs role during the 2008 financial crisis and the pandemic.</p><p>โThe Federal Reserve has not gone,โ Buffett said. He added the Fed will โdo whatever is necessary. ... Thatโs what happened in 2008 and 2009, and thatโs what happened in 2020, and youโll hope it happens again next time.โ</p><h3><b>Buffett says he has "so much trouble" finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>โWe have so much trouble finding good ideas that we canโt afford to ignore any,โ Buffett said. โBut they do have to be sizable.โ</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>โWeโll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,โ Buffett said.</p><h3><b>Munger says todayโs stock market "almost a mania of speculation"</b></h3><p>Munger said todayโs stock market has become โalmost a mania of speculation.โ</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>โWe have computers with algorithms trading against other computers,โ Munger said. โWeโve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>โI understand the commission though,โ Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>โPeople and tradersโ poker chips are pulling the handle,โ he said. โTheyโve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobodyโs going around selling calls on farms. Thatโs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itโs not because weโre smarter. โฆ weโre sane, and thatโs the main requirement in this business.โ</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>โItโs the most ridiculous criticism I ever heard,โ Munger said.</p><p>โItโs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, โI donโt like the way you were holding your spear when you won that battle,โโ he added, referencing ancient Greek epic โThe Odyssey.โ</p><p>The California Public Employeesโ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposalโs aim stems from concerns about corporate governance with one person holding dual roles.</p><p>โSome guy thatโs never run any business, doesnโt know anything โ I donโt think too much of this activity,โ Munger said.</p><h3><b>Berkshireโs head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerateโs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>โEach one have their plusses and minuses, but having said that, thereโs no question that recently Progressive has done a much better job than Geico โฆ both in terms of margins and in terms of growth,โ Jain said.</p><p>โThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned โฆ is telematics,โ he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>โProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnโt involved in telematics,โ Jain said. โItโs a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.โ</p><p>Jainโs comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been "good at timing"</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>โWe havenโt the faintest idea what the stock market was gonna do when it opens on Monday,โ Buffett said in response to an audience question.</p><p>โI donโt think weโve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economyโs going to do. We donโt know,โ he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners heโs picked over the years, pointing out heโs also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>โWe have not been good at timing,โ Buffett said. โWeโve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.โ</p><h3><b>Munger says "just say no" to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didnโt say where they would put their money, but Munger was clear about where he wouldnโt invest: bitcoin.</p><p>โWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,โ he said.</p><p>Mungerโs answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>โI went to the New York Stock Exchange, I was in awe of it,โ Buffett said. โI got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.โ</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherโs office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Grahamโs โThe Intelligent Investor.โ</p><p>โI looked at this book and I saw one paragraph and it told me Iโve been doing everything wrong. I just had the whole approach wrong,โ Buffett said.</p><h3><b>Buffett wants to make it clear heโs not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that heโs not the only one at Berkshire Hathaway picking stocks.</p><p>โI see headlines in papers just time after time after time that say, โBuffettโs buying such and such,โโ Buffett said. โIโm not buying such and such. Berkshire Hathaway is buying.โ</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffettโs ever having heard of it.</p><p>โBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donโt know whether it is the people that work for him, the headline is designed to bring people into the story,โ Buffett said.</p><p>โThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnโt ask for in the first place,โ he said.</p><h3><b>Buffett says inflation โswindles almost everybodyโ</b></h3><p>When asked about his previous comments that inflation โswindlesโ equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>โInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,โ he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnโt as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>โThe question is how much ... and the answer is nobody knows,โ Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoftโsproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire โhad no prior knowledgeโof Microsoftโs plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoftโs offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. โIf we went over 10%, we would file a report,โ he said.</p><p>โIf the deal goes through, we make some money, and if the deal doesnโt go through, who knows what happens,โ Buffett said.</p><p>โWe donโt know what the Justice Department will do, we donโt know what the E.U. will do, we donโt know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,โ Buffett added.</p><h3><b>Buffett: โI look at Berkshire as a paintingโ</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>โI look at Berkshire as a painting,โ Buffett said. โItโs unlimited in size; itโs got an ever-expanding canvas, and I get to paint what I want.โ</p><p>Buffett did acknowledge that he doesnโt know much about art, but added that โother people look at paintings and they see something, then theyโll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.โ</p><p>โItโs in my head, and I see different things in it as I go along,โ Buffett said. โItโs satisfying.โ</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>โYou print loads of money, and money is going to be worth less,โ Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>โIn my book,Jay Powellis a hero. Itโs very simple. He did what he had to do,โ Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>โMy general assumption โ thereโs no way to prove it โ but essentially, people are now behaving somewhat more tribal than they have for a long time,โ Buffett said.</p><p>โItโs fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and theyโre gonna give you those answers,โ he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings werenโt served dessert until they โsaid something nastyโ about Roosevelt.</p><p>โI donโt think itโs a good development for society,โ Buffett said.</p><h3><b>Buffett says he wonโt buy bitcoin because โit doesnโt produce anythingโ</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>โWhether it goes up or down in the next year, or five or 10 years, I donโt know. But the one thing Iโm pretty sure of is that it doesnโt produce anything,โ Buffett said. โItโs got a magic to it and people have attached magics to lots of things.โ</p><p>Buffett listed farmland, apartment buildings โ and even art โ as assets that had more tangible value than bitcoin.</p><p>โAssets, to have value, have to deliver something to somebody. And thereโs only one currency thatโs accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,โ he said, holding up a $20 bill. โAnd thereโs no reason in the world why the United States government โฆ is going to let Berkshire money replace theirs.โ</p><h3><b>Berkshireโs business meeting concludes with shareholder votes</b></h3><p>Berkshireโs formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the companyย to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshireโs climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreementโs 1.5ยฐC goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"ไผฏๅ ๅธๅฐ","BRK.B":"ไผฏๅ ๅธๅฐB"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102313596","content_text":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.Speaking at Berkshire Hathawayโs first in-person annual meeting since 2019, Buffett went so far as to say the marketโs turned into a โgambling parlor.โThe Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation โswindlesโ equity investors, but noted Saturday that it โswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.โBuffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoftโs proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader marketโs downturn.Buffett also stressed the importance of cash as โnew forms of moneyโ like bitcoin pop up.โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill. โThatโs what money is.โCheck out full recap below for more from the two investing legends.Berkshire bought more than $51 billion of stocks during Q1โฒs market routBerkshire bought more than $51 billion worth of stocks during the first quarterโs market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.Buffett says Berkshire is โbetter than the banksโWarren Buffett has a long history of teasing investment bankers and their institutions โ saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be โbetter than the banksโ at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.โWas that a banker screaming?โ Buffett joked.Buffett warns shareholders about โnew forms of moneyโ and the importance of cashWarren Buffett warned shareholders about โnew forms of moneyโ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will โalways have a lot of cash on hand.โBuffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin โrat poisonโ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.โThe United States government affects that this became exchangeable for lawful money in the United States,โ Buffett said, displaying an image of an old $20 bill.โThatโs what money is,โ he added. โIt may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that theyโre reaching [for] new forms of money, this is the only thing that will pay bills.โBerkshire put money to work after finding โlittle excitingโ in the marketIn his annual chairman letter to shareholders in February, Warren Buffett said there is โlittle that excites usโ in the market. But soon after, he put Berkshireโs money to work.Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshireโs first-quarter filing revealed the company significantly increased its bet on Chevron.โWe found some things we prefer to owning Treasury bills,โ quipped Berkshire vice chairman and Buffettโs right-hand man Charlie Munger.Buffett on his massive Occidental investmentBuffett scooped up 14% of oil giant Occidental Petroleum, worth more than $7 billion, in two weeks during March.He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.โThatโs not investment. Youโre not buying from [investors]. I find it just incredible. You couldnโt do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,โ Buffett said.โThat enabled us, in a two-week period, to buy 14% of a business thatโs been around for decades,โ Buffett said. โImagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and weโve seen a lot.โThe legendary investor said that the short-term volatility earlier this year fueled by โgambling mentalityโ allowed him to find good long-term opportunities.Executives of Berkshireโs portfolio companies discuss impact of inflationAhead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.One of those executives was Jim Weber, CEO of Brooks Running.Weber said it was tough to raise prices for Brooksโ products but that he thinks some of the cost pressures could cool soon.โWe donโt have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itโs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,โ Weber said.Buffett wants Berkshire to be in a โposition to operateโ should the economy stopBuffett said he wants Berkshire Hathaway to be in a โposition to operateโ should the economy stop.โWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,โ Buffett said. โAnd that can always happen, it can always happen.โBuffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.The billionaire investor made those remarks while also praising the Federal Reserveโs role during the 2008 financial crisis and the pandemic.โThe Federal Reserve has not gone,โ Buffett said. He added the Fed will โdo whatever is necessary. ... Thatโs what happened in 2008 and 2009, and thatโs what happened in 2020, and youโll hope it happens again next time.โBuffett says he has \"so much trouble\" finding businesses to invest inWarren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.โWe have so much trouble finding good ideas that we canโt afford to ignore any,โ Buffett said. โBut they do have to be sizable.โBuffett said while he does seek out new investments, he prefers to be approached proactively.โWeโll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,โ Buffett said.Munger says todayโs stock market \"almost a mania of speculation\"Munger said todayโs stock market has become โalmost a mania of speculation.โHis comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.โWe have computers with algorithms trading against other computers,โ Munger said. โWeโve got people who know nothing about stocks, being advised by stockbrokers who know even less.โI understand the commission though,โ Buffett joked.After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.โPeople and tradersโ poker chips are pulling the handle,โ he said. โTheyโve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobodyโs going around selling calls on farms. Thatโs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itโs not because weโre smarter. โฆ weโre sane, and thatโs the main requirement in this business.โMunger blasts calls for separate Berkshire chairman and CEOBerkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.โItโs the most ridiculous criticism I ever heard,โ Munger said.โItโs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, โI donโt like the way you were holding your spear when you won that battle,โโ he added, referencing ancient Greek epic โThe Odyssey.โThe California Public Employeesโ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposalโs aim stems from concerns about corporate governance with one person holding dual roles.โSome guy thatโs never run any business, doesnโt know anything โ I donโt think too much of this activity,โ Munger said.Berkshireโs head of insurance explains how Geico has fallen behind rival ProgressiveBerkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerateโs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.โEach one have their plusses and minuses, but having said that, thereโs no question that recently Progressive has done a much better job than Geico โฆ both in terms of margins and in terms of growth,โ Jain said.โThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned โฆ is telematics,โ he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.โProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnโt involved in telematics,โ Jain said. โItโs a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.โJainโs comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.Buffett says he has never been \"good at timing\"Warren Buffett said he has never figured out how to time the markets.โWe havenโt the faintest idea what the stock market was gonna do when it opens on Monday,โ Buffett said in response to an audience question.โI donโt think weโve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economyโs going to do. We donโt know,โ he continued.The Oracle of Omaha said he often gets misplaced credit for the stock winners heโs picked over the years, pointing out heโs also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.โWe have not been good at timing,โ Buffett said. โWeโve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.โMunger says \"just say no\" to putting bitcoin in your retirement accountCharlie Munger is still down on bitcoin.He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.The Berkshire executives didnโt say where they would put their money, but Munger was clear about where he wouldnโt invest: bitcoin.โWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,โ he said.Mungerโs answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.Buffett describes his start to investing when he was 11 years oldA trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.โI went to the New York Stock Exchange, I was in awe of it,โ Buffett said. โI got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.โThe investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherโs office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Grahamโs โThe Intelligent Investor.โโI looked at this book and I saw one paragraph and it told me Iโve been doing everything wrong. I just had the whole approach wrong,โ Buffett said.Buffett wants to make it clear heโs not the only one picking stocks at Berkshire HathawayWarren Buffett wants to make it clear that heโs not the only one at Berkshire Hathaway picking stocks.โI see headlines in papers just time after time after time that say, โBuffettโs buying such and such,โโ Buffett said. โIโm not buying such and such. Berkshire Hathaway is buying.โThe investor said a stock pick may have been made by other finance professionals in his organization without Buffettโs ever having heard of it.โBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donโt know whether it is the people that work for him, the headline is designed to bring people into the story,โ Buffett said.โThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnโt ask for in the first place,โ he said.Buffett says inflation โswindles almost everybodyโWhen asked about his previous comments that inflation โswindlesโ equity investors, Buffett said the damage from rising prices was much broader than that.โInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,โ he said.Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnโt as simple as raising prices to maintain inflation-adjusted profits.The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.โThe question is how much ... and the answer is nobody knows,โ Buffett said.Buffett reiterated that the best protection against the inflation is investing in your own skills.Buffett says Berkshire now owns 9.5% of Activision BlizzardWarren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoftโsproposed acquisition of the video game company will close.In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire โhad no prior knowledgeโof Microsoftโs plan to buy the company when Berkshire made its initial investment.In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoftโs offer. Buying at these levels will yield a bigger return if the deal closes.Buffett said Berkshire now owns about 9.5% of Activision. โIf we went over 10%, we would file a report,โ he said.โIf the deal goes through, we make some money, and if the deal doesnโt go through, who knows what happens,โ Buffett said.โWe donโt know what the Justice Department will do, we donโt know what the E.U. will do, we donโt know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,โ Buffett added.Buffett: โI look at Berkshire as a paintingโThe possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.โI look at Berkshire as a painting,โ Buffett said. โItโs unlimited in size; itโs got an ever-expanding canvas, and I get to paint what I want.โBuffett did acknowledge that he doesnโt know much about art, but added that โother people look at paintings and they see something, then theyโll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.โโItโs in my head, and I see different things in it as I go along,โ Buffett said. โItโs satisfying.โBuffett calls Jerome Powell a heroIn addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.โYou print loads of money, and money is going to be worth less,โ Buffett said.However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.โIn my book,Jay Powellis a hero. Itโs very simple. He did what he had to do,โ Buffett said.Buffett says people are becoming more tribalWarren Buffett said people are becoming more tribal.โMy general assumption โ thereโs no way to prove it โ but essentially, people are now behaving somewhat more tribal than they have for a long time,โ Buffett said.โItโs fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and theyโre gonna give you those answers,โ he continued.The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings werenโt served dessert until they โsaid something nastyโ about Roosevelt.โI donโt think itโs a good development for society,โ Buffett said.Buffett says he wonโt buy bitcoin because โit doesnโt produce anythingโWarren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.โWhether it goes up or down in the next year, or five or 10 years, I donโt know. But the one thing Iโm pretty sure of is that it doesnโt produce anything,โ Buffett said. โItโs got a magic to it and people have attached magics to lots of things.โBuffett listed farmland, apartment buildings โ and even art โ as assets that had more tangible value than bitcoin.โAssets, to have value, have to deliver something to somebody. And thereโs only one currency thatโs accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,โ he said, holding up a $20 bill. โAnd thereโs no reason in the world why the United States government โฆ is going to let Berkshire money replace theirs.โBerkshireโs business meeting concludes with shareholder votesBerkshireโs formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the companyย to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.One shareholder also took issue with Berkshireโs climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreementโs 1.5ยฐC goal, requiring net zero emissions. Shareholders voted it down.The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191355251474560,"gmtCreate":1687736106930,"gmtModify":1687736111344,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐๐๐๐๐๐๐๐๐๐๐","listText":"๐๐๐๐๐๐๐๐๐๐๐๐","text":"๐๐๐๐๐๐๐๐๐๐๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/191355251474560","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184490127937688,"gmtCreate":1686065920279,"gmtModify":1686065923350,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"Great campaign!!","listText":"Great campaign!!","text":"Great campaign!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/184490127937688","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.๐ <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.๐ <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","text":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.๐ Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981164497,"gmtCreate":1666422443619,"gmtModify":1676537755398,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9981164497","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919221696,"gmtCreate":1663809674316,"gmtModify":1676537340513,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a><v-v data-views=\"1\"></v-v>","text":"$WILMAR INTERNATIONAL LIMITED(F34.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919221696","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910518901,"gmtCreate":1663641060003,"gmtModify":1676537307057,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a><v-v data-views=\"1\"></v-v>","text":"$SEMBCORP MARINE LTD(S51.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910518901","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910208648,"gmtCreate":1663630364284,"gmtModify":1676537302968,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910208648","isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042216530,"gmtCreate":1656478748020,"gmtModify":1676535837899,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042216530","repostId":"9046815778","repostType":1,"repost":{"id":9046815778,"gmtCreate":1656327607000,"gmtModify":1676535806631,"author":{"id":"3527667592269412","authorId":"3527667592269412","name":"OptionsTracker","avatar":"https://static.tigerbbs.com/e3f1f839aad7a15f602f3f42eaad51af","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667592269412","authorIdStr":"3527667592269412"},"themes":[],"title":"Hot stocks covered call reference [June 27]","htmlText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","listText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","text":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","images":[{"img":"https://static.tigerbbs.com/1be4ad594d709020d91c8496e1f9e7c9","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046815778","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Thanks for leaving a comment in my post, appreciate it loads ๐ค Do check out other July posts on my homepage & please help to like, many thanks ๐ค","text":"Thanks for leaving a comment in my post, appreciate it loads ๐ค Do check out other July posts on my homepage & please help to like, many thanks ๐ค","html":"Thanks for leaving a comment in my post, appreciate it loads ๐ค Do check out other July posts on my homepage & please help to like, many thanks ๐ค"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922789212,"gmtCreate":1671844881236,"gmtModify":1676538602391,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922789212","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986776141,"gmtCreate":1667028098583,"gmtModify":1676537852117,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"0\"></v-v>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986776141","isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914172220,"gmtCreate":1665213284560,"gmtModify":1676537574434,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>Hoping for a rebound","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>Hoping for a rebound","text":"$S&P 500(.SPX)$Hoping for a rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914172220","isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915208202,"gmtCreate":1665033986706,"gmtModify":1676537547608,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915208202","repostId":"9915201189","repostType":1,"repost":{"id":9915201189,"gmtCreate":1665033456141,"gmtModify":1676537547569,"author":{"id":"4089959749755630","authorId":"4089959749755630","name":"Bioman21","avatar":"https://community-static.tradeup.com/news/e669c62ec9013d94dfc58443e7ab1266","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4089959749755630","authorIdStr":"4089959749755630"},"themes":[],"htmlText":"Investing in semi conducting industries In Feb 2022, there was news of global shortage of chips. US is going to force countries not to sell to China. There was frenzy then and prices of stocks like TSMC shot up. But prices quickly went south once again. What really happened? People usually reacted strongly to good or bad news adversely. And decisions will flow quickly, usually wrong decisions. When news came out, the global economy was heading in the direction of high inflation and global recession. As such, prices may go up for a short while. Once this news had been absorbed, prices will move in the other direction faster. With the view of high inflation and global recession, think most investors are trying to keep their money for ofher purposes. ","listText":"Investing in semi conducting industries In Feb 2022, there was news of global shortage of chips. US is going to force countries not to sell to China. There was frenzy then and prices of stocks like TSMC shot up. But prices quickly went south once again. What really happened? People usually reacted strongly to good or bad news adversely. And decisions will flow quickly, usually wrong decisions. When news came out, the global economy was heading in the direction of high inflation and global recession. As such, prices may go up for a short while. Once this news had been absorbed, prices will move in the other direction faster. With the view of high inflation and global recession, think most investors are trying to keep their money for ofher purposes. ","text":"Investing in semi conducting industries In Feb 2022, there was news of global shortage of chips. US is going to force countries not to sell to China. There was frenzy then and prices of stocks like TSMC shot up. But prices quickly went south once again. What really happened? People usually reacted strongly to good or bad news adversely. And decisions will flow quickly, usually wrong decisions. When news came out, the global economy was heading in the direction of high inflation and global recession. As such, prices may go up for a short while. Once this news had been absorbed, prices will move in the other direction faster. With the view of high inflation and global recession, think most investors are trying to keep their money for ofher purposes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915201189","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913282916,"gmtCreate":1663991528435,"gmtModify":1676537376864,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a><v-v data-views=\"0\"></v-v>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9913282916","isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919203835,"gmtCreate":1663804969727,"gmtModify":1676537338711,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"๐๐","listText":"๐๐","text":"๐๐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919203835","repostId":"2269969281","repostType":4,"repost":{"id":"2269969281","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663800880,"share":"https://ttm.financial/m/news/2269969281?lang=&edition=fundamental","pubTime":"2022-09-22 06:54","market":"us","language":"en","title":"US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message","url":"https://stock-news.laohu8.com/highlight/detail?id=2269969281","media":"Reuters","summary":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors ha","content":"<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street's main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed's preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are "strongly resolved" to bring down inflation from the highest levels in four decades and "will keep at it until the job is done," a process he repeated would not come without pain.</p><p>"Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult," said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed's projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>"Markets were already braced for some hawkishness, based on inflation reports and recent governor comments," said BMO's Ma.</p><p>"But it's always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell."</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street's main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed's preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are "strongly resolved" to bring down inflation from the highest levels in four decades and "will keep at it until the job is done," a process he repeated would not come without pain.</p><p>"Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult," said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed's projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>"Markets were already braced for some hawkishness, based on inflation reports and recent governor comments," said BMO's Ma.</p><p>"But it's always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell."</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"็ๅฃซไฟก่ดทๆไป","UPRO":"ไธๅๅๅคๆ ๆฎ500ETF","BK4559":"ๅทด่ฒ็นๆไป","SH":"ๆ ๆฎ500ๅๅETF","BK4550":"็บขๆ่ตๆฌๆไป","IVV":"ๆ ๆฎ500ๆๆฐETF",".DJI":"้็ผๆฏ","SSO":"ไธคๅๅๅคๆ ๆฎ500ETF","OEX":"ๆ ๆฎ100",".IXIC":"NASDAQ Composite","SPXU":"ไธๅๅ็ฉบๆ ๆฎ500ETF",".SPX":"S&P 500 Index","OEF":"ๆ ๆฎ100ๆๆฐETF-iShares","BK4581":"้ซ็ๆไป","BK4504":"ๆกฅๆฐดๆไป","SPY":"ๆ ๆฎ500ETF","NDX":"็บณๆฏ่พพๅ 100ๆๆฐ","BK4539":"ๆฌกๆฐ่ก","COMP":"Compass, Inc.","SDS":"ไธคๅๅ็ฉบๆ ๆฎ500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269969281","content_text":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors had expected 75 bps, but not higher for longer* Sharp decline in final half-hour of trading* Indexes down: Dow 1.7%, S&P 1.71%, Nasdaq 1.79%Sept 21 (Reuters) - Wall Street's main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&P 500, respectively, at their lowest point since July 1, and June 30.At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed's preferred measure of inflation is now seen slowly returning to its 2% target in 2025.In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are \"strongly resolved\" to bring down inflation from the highest levels in four decades and \"will keep at it until the job is done,\" a process he repeated would not come without pain.\"Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,\" said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed's projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.\"Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,\" said BMO's Ma.\"But it's always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.\"The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.All 11 S&P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.The S&P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998619223,"gmtCreate":1660977364364,"gmtModify":1676536434633,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"Target price 80","listText":"Target price 80","text":"Target price 80","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998619223","isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184915571806304,"gmtCreate":1686184679399,"gmtModify":1686184682900,"author":{"id":"4111463199941842","authorId":"4111463199941842","name":"StockRookie","avatar":"https://community-static.tradeup.com/news/a3f800c66fa33eb5d4c732b0147c7a30","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4111463199941842","authorIdStr":"4111463199941842"},"themes":[],"htmlText":"Thanks for the awesome game ","listText":"Thanks for the awesome game ","text":"Thanks for the awesome game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184915571806304","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}