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Orange Peel
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Orange Peel
04-10
This could be the right TIME to invest in PLTR in my opinion.
Orange Peel
2023-12-13
$Upstart Holdings, Inc.(UPST)$
Orange Peel
2023-11-24
PLTR - should I buy on dip
Orange Peel
2023-09-02
Orange Peel
2023-06-28
Good comments
@JC888:US Market Contd To Fall ? What Stock Will Rise?
Orange Peel
2023-05-11
Great ariticle, would you like to share it?
@ShenGuang:Tech Massively Overvalued; Market Turn Likely Imminent
Orange Peel
2023-05-11
Great ariticle, would you like to share it?
@WallStreet_Tiger:đ11 Most Favored Boring Stocks to Beat Recession By Hedge Funds
Orange Peel
2023-05-11
Great ariticle, would you like to share it?
@Tiger_Earnings:Earnings Movers| Adidas Jumped 8% on Earnings Beat; LCID, DDD, SWKS Plunged 10%
Orange Peel
2023-04-19
Give your last shot!!
Orange Peel
2023-04-18
2 more days to go... Enjoy your game
Orange Peel
2023-04-17
Last chance to claim your prize
Orange Peel
2023-04-16
Can claim $2 x2 easily but not extra
Orange Peel
2023-04-15
Krep trying, every point is $$$
Orange Peel
2023-04-14
It is not easy, try harder
Orange Peel
2023-04-13
Continue to play to gain more points
Orange Peel
2023-04-12
Hope everyone enjoyed the game and claim your the voucher
Orange Peel
2023-04-11
Let go and enjoy the game...
Orange Peel
2023-04-10
Get more points hope can redeem 1 share
Orange Peel
2023-04-09
Daily route to play the game
Orange Peel
2023-04-08
The game is getting more exciting as the bar move quicker than the beginning
Go to Tiger App to see more news
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","listText":"This could be the right TIME to invest in PLTR in my opinion. ","text":"This could be the right TIME to invest in PLTR in my opinion.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/293771448447056","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251447994118376,"gmtCreate":1702426028573,"gmtModify":1702426030544,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UPST\">$Upstart Holdings, Inc.(UPST)$ </a>","listText":"<a href=\"https://ttm.financial/S/UPST\">$Upstart Holdings, Inc.(UPST)$ </a>","text":"$Upstart Holdings, Inc.(UPST)$","images":[{"img":"https://community-static.tradeup.com/news/92dedbcf39166549170b6155cf64a9b2","width":"927","height":"1599"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251447994118376","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":244918965362816,"gmtCreate":1700818579639,"gmtModify":1700818584142,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"PLTR - should I buy on dip","listText":"PLTR - should I buy on dip","text":"PLTR - should I buy on dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244918965362816","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215420538761352,"gmtCreate":1693623759656,"gmtModify":1693625769535,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/973aa0f71c0c5a2e7dd04248d8b29e34","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/215420538761352","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192105074765952,"gmtCreate":1687909303266,"gmtModify":1687909306713,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Good comments ","listText":"Good comments ","text":"Good comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192105074765952","repostId":"191560779649072","repostType":1,"repost":{"id":191560779649072,"gmtCreate":1687776605449,"gmtModify":1703659813070,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"themes":[],"title":"US Market Contd To Fall ? What Stock Will Rise?","htmlText":"On the last stretch of June 2023 before July comes onboard, will the US market continues to âcorrectâ itself this week? Afterall, after the past 5 trading days: DJIA : -2.10% (-722.82 to 33,727.43). S&P 500: -2.09% (-92.62 to 4,348.33). Nasdaq: -3.64% (-266.55 to 13,492.52) - worst performing index of the 3. The Million Dollar Question on everyoneâs mind: How will the US market fare this week? Q2 2023 quarterly earnings season begins Looking at above diagram, it signals the start of Q2 2023 earnings reporting season again. One thing to note is that during Q1 2023 reporting, most companies have forecasted a rather âchallengingâ outlook for their Q2 earnings. It is reckoning time I supposed. As shared on my Sat, 24 Jun 2023 post -","listText":"On the last stretch of June 2023 before July comes onboard, will the US market continues to âcorrectâ itself this week? Afterall, after the past 5 trading days: DJIA : -2.10% (-722.82 to 33,727.43). S&P 500: -2.09% (-92.62 to 4,348.33). Nasdaq: -3.64% (-266.55 to 13,492.52) - worst performing index of the 3. The Million Dollar Question on everyoneâs mind: How will the US market fare this week? Q2 2023 quarterly earnings season begins Looking at above diagram, it signals the start of Q2 2023 earnings reporting season again. One thing to note is that during Q1 2023 reporting, most companies have forecasted a rather âchallengingâ outlook for their Q2 earnings. It is reckoning time I supposed. As shared on my Sat, 24 Jun 2023 post -","text":"On the last stretch of June 2023 before July comes onboard, will the US market continues to âcorrectâ itself this week? Afterall, after the past 5 trading days: DJIA : -2.10% (-722.82 to 33,727.43). S&P 500: -2.09% (-92.62 to 4,348.33). Nasdaq: -3.64% (-266.55 to 13,492.52) - worst performing index of the 3. The Million Dollar Question on everyoneâs mind: How will the US market fare this week? Q2 2023 quarterly earnings season begins Looking at above diagram, it signals the start of Q2 2023 earnings reporting season again. One thing to note is that during Q1 2023 reporting, most companies have forecasted a rather âchallengingâ outlook for their Q2 earnings. It is reckoning time I supposed. As shared on my Sat, 24 Jun 2023 post -","images":[{"img":"https://community-static.tradeup.com/news/253a58fbdc2a870c5db1d0f85e730094","width":"1721","height":"302"},{"img":"https://community-static.tradeup.com/news/52488514c4c8b1f56475538bed337db0","width":"1191","height":"443"},{"img":"https://community-static.tradeup.com/news/357f27e110b8f6511669e2b318e129d9","width":"991","height":"383"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191560779649072","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":7,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970053680,"gmtCreate":1683735074440,"gmtModify":1683735077947,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970053680","repostId":"9947734562","repostType":1,"repost":{"id":9947734562,"gmtCreate":1683595361857,"gmtModify":1683595665005,"author":{"id":"4114848768002772","authorId":"4114848768002772","name":"ShenGuang","avatar":"https://community-static.tradeup.com/news/64825bedb4d401c1a1616d1f15c8a241","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4114848768002772","authorIdStr":"4114848768002772"},"themes":[],"title":"Tech Massively Overvalued; Market Turn Likely Imminent","htmlText":"The Global Fund Managers Survey (FMS) by Bank of America (<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a>) is an interesting barometer for the sentiments of some of the biggest institutional players in the market (and which has received frequent attention in the course of our commentary over the past year or so). In the latest survey, survey respondents indicate that their risk appetite remains depressed and not far from the extreme pessimism of 2022 and comparable to the levels of the 2009 Great Financial Crisis (GFC). A net 29% of survey respondents are âunderweightâ equities, down from 31% in March. Similarly, the growth expectations worsened to December 2022 levels with a net 63% expecting weaker global growth. 35% of the respondents opine that the Federal Reserve wil","listText":"The Global Fund Managers Survey (FMS) by Bank of America (<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a>) is an interesting barometer for the sentiments of some of the biggest institutional players in the market (and which has received frequent attention in the course of our commentary over the past year or so). In the latest survey, survey respondents indicate that their risk appetite remains depressed and not far from the extreme pessimism of 2022 and comparable to the levels of the 2009 Great Financial Crisis (GFC). A net 29% of survey respondents are âunderweightâ equities, down from 31% in March. Similarly, the growth expectations worsened to December 2022 levels with a net 63% expecting weaker global growth. 35% of the respondents opine that the Federal Reserve wil","text":"The Global Fund Managers Survey (FMS) by Bank of America ($Bank of America(BAC)$) is an interesting barometer for the sentiments of some of the biggest institutional players in the market (and which has received frequent attention in the course of our commentary over the past year or so). In the latest survey, survey respondents indicate that their risk appetite remains depressed and not far from the extreme pessimism of 2022 and comparable to the levels of the 2009 Great Financial Crisis (GFC). A net 29% of survey respondents are âunderweightâ equities, down from 31% in March. Similarly, the growth expectations worsened to December 2022 levels with a net 63% expecting weaker global growth. 35% of the respondents opine that the Federal Reserve wil","images":[{"img":"https://community-static.tradeup.com/news/14605a3c2eceb3d889c787eb57e72511","width":"1009","height":"789"},{"img":"https://community-static.tradeup.com/news/8b3988bb4eecdb379af8e51e7d33410c","width":"1074","height":"1099"},{"img":"https://community-static.tradeup.com/news/13486cd777a6a877c01f0e471ec8e5ca","width":"1074","height":"1884"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947734562","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970053836,"gmtCreate":1683735061425,"gmtModify":1683735064891,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange 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Beat Recession By Hedge Funds","htmlText":"đQuestions For TigersďźWith recession expectations, is this the right time to pile into boring value stocks?Will value stocks continue to perform well if the stock market starts to rebound in the second half of 2023?What Boring stocks would be shown on your target watch-listďź1. âBoring stocks âis Better During Volatile MarketThe 2022 market crash and the broader retreat of growth stocks has established one thing: boring is better when it comes to stock investing during volatile times.Earlier this year, Bloomberg quoted Goldman Sachs analyst Peter Oppenheimer, who said that value stocks are expected to outperform growth stocks in 2023 as âbig cap technology sees further margin pressure, commodity prices rise , real interest rates remain higher and even geopolitical uncertaintyâ .Morgan Stanl","listText":"đQuestions For TigersďźWith recession expectations, is this the right time to pile into boring value stocks?Will value stocks continue to perform well if the stock market starts to rebound in the second half of 2023?What Boring stocks would be shown on your target watch-listďź1. âBoring stocks âis Better During Volatile MarketThe 2022 market crash and the broader retreat of growth stocks has established one thing: boring is better when it comes to stock investing during volatile times.Earlier this year, Bloomberg quoted Goldman Sachs analyst Peter Oppenheimer, who said that value stocks are expected to outperform growth stocks in 2023 as âbig cap technology sees further margin pressure, commodity prices rise , real interest rates remain higher and even geopolitical uncertaintyâ .Morgan Stanl","text":"đQuestions For TigersďźWith recession expectations, is this the right time to pile into boring value stocks?Will value stocks continue to perform well if the stock market starts to rebound in the second half of 2023?What Boring stocks would be shown on your target watch-listďź1. âBoring stocks âis Better During Volatile MarketThe 2022 market crash and the broader retreat of growth stocks has established one thing: boring is better when it comes to stock investing during volatile times.Earlier this year, Bloomberg quoted Goldman Sachs analyst Peter Oppenheimer, who said that value stocks are expected to outperform growth stocks in 2023 as âbig cap technology sees further margin pressure, commodity prices rise , real interest rates remain higher and even geopolitical uncertaintyâ .Morgan Stanl","images":[{"img":"https://community-static.tradeup.com/news/126c3d62e1fbf694423ea6f6fcfe7a0e","width":"1389","height":"1080"},{"img":"https://community-static.tradeup.com/news/617aff88167f19157b99c0ce644a9792","width":"1760","height":"729"},{"img":"https://community-static.tradeup.com/news/7a7567bb83b3467b5630a65e606a569e"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947720725","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970053126,"gmtCreate":1683735032665,"gmtModify":1683735036498,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970053126","repostId":"9947729093","repostType":1,"repost":{"id":9947729093,"gmtCreate":1683625069312,"gmtModify":1683625138000,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667620927015","authorIdStr":"3527667620927015"},"themes":[],"title":"Earnings Movers| Adidas Jumped 8% on Earnings Beat; LCID, DDD, SWKS Plunged 10%","htmlText":"US stock market closed slightly up on Monday. Among companies that released earnings, <a href=\"https://ttm.financial/S/ADDYY\">$adidas AG(ADDYY)$</a> rose 8% as invetories improve; <a href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a>, <a href=\"https://ttm.financial/S/DDD\">$3D(DDD)$</a> , <a href=\"https://ttm.financial/S/SWKS\">$Skyworks Solutions(SWKS)$</a> fell around 10% after missed estimates.1. ADDYY +8.26%: inventories improve and revenue remained flat despite adverse Yeezy impactAdidas shares jumped on Friday after the German-based sportswear giant presented better-than-expected first-quarter results that showed strong revenue in Europe, Latin America and Asia Pacific.Adidas AG reported a loss of âŹ0.18 per share on âŹ5.27B in revenue for Q1 2023, with currency-neutral","listText":"US stock market closed slightly up on Monday. Among companies that released earnings, <a href=\"https://ttm.financial/S/ADDYY\">$adidas AG(ADDYY)$</a> rose 8% as invetories improve; <a href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a>, <a href=\"https://ttm.financial/S/DDD\">$3D(DDD)$</a> , <a href=\"https://ttm.financial/S/SWKS\">$Skyworks Solutions(SWKS)$</a> fell around 10% after missed estimates.1. ADDYY +8.26%: inventories improve and revenue remained flat despite adverse Yeezy impactAdidas shares jumped on Friday after the German-based sportswear giant presented better-than-expected first-quarter results that showed strong revenue in Europe, Latin America and Asia Pacific.Adidas AG reported a loss of âŹ0.18 per share on âŹ5.27B in revenue for Q1 2023, with currency-neutral","text":"US stock market closed slightly up on Monday. Among companies that released earnings, $adidas AG(ADDYY)$ rose 8% as invetories improve; $Lucid Group Inc(LCID)$, $3D(DDD)$ , $Skyworks Solutions(SWKS)$ fell around 10% after missed estimates.1. ADDYY +8.26%: inventories improve and revenue remained flat despite adverse Yeezy impactAdidas shares jumped on Friday after the German-based sportswear giant presented better-than-expected first-quarter results that showed strong revenue in Europe, Latin America and Asia Pacific.Adidas AG reported a loss of âŹ0.18 per share on âŹ5.27B in revenue for Q1 2023, with currency-neutral","images":[{"img":"https://community-static.tradeup.com/news/445a7f40f307d6c6c0c6891392a71c63","width":"722","height":"687"},{"img":"https://community-static.tradeup.com/news/b923da26cea68947bf556a54645704e5","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/3662303c245a04bf92c4dadd2f6c9eab","width":"560","height":"240"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947729093","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944294294,"gmtCreate":1681862419518,"gmtModify":1681862423360,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Give your last shot!! 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Enjoy your game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944172907","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944922053,"gmtCreate":1681684467972,"gmtModify":1681684471913,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Last chance to claim your prize ","listText":"Last chance to claim your prize ","text":"Last chance to claim your prize","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944922053","isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944017362,"gmtCreate":1681623203257,"gmtModify":1681623208263,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Can claim $2 x2 easily but not extra ","listText":"Can claim $2 x2 easily but not extra ","text":"Can claim $2 x2 easily but not 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points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945938018","isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942595660,"gmtCreate":1681251789151,"gmtModify":1681251794200,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Hope everyone enjoyed the game and claim your the voucher ","listText":"Hope everyone enjoyed the game and claim your the voucher ","text":"Hope everyone enjoyed the game and claim your the voucher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942595660","isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942123512,"gmtCreate":1681166981837,"gmtModify":1681166985712,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Let go and enjoy the game... 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","text":"Let go and enjoy the game...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942123512","isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942066645,"gmtCreate":1681085879987,"gmtModify":1681085883446,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Get more points hope can redeem 1 share","listText":"Get more points hope can redeem 1 share","text":"Get more points hope can redeem 1 share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942066645","isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946530273,"gmtCreate":1680996496293,"gmtModify":1680996500925,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"Daily route to play the game ","listText":"Daily route to play the game ","text":"Daily route to play the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946530273","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946887902,"gmtCreate":1680916437306,"gmtModify":1680916441060,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4113349061695712","authorIdStr":"4113349061695712"},"themes":[],"htmlText":"The game is getting more exciting as the bar move quicker than the beginning ","listText":"The game is getting more exciting as the bar move quicker than the beginning ","text":"The game is getting more exciting as the bar move quicker than the beginning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946887902","isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9048645885,"gmtCreate":1656207540047,"gmtModify":1676535784559,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Waiting for next rally!","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Waiting for next rally!","text":"$SEMBCORP MARINE LTD(S51.SI)$Waiting for next rally!","images":[{"img":"https://community-static.tradeup.com/news/480bd3c890b64022607dc80677e52698","width":"1170","height":"2292"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":91,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048645885","isVote":1,"tweetType":1,"viewCount":838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901274820,"gmtCreate":1659229609460,"gmtModify":1676536273622,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Crude oil is up, so what about Sembcorp Marine???? 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","text":"This could be the right TIME to invest in PLTR in my opinion.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/293771448447056","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064641641,"gmtCreate":1652319336983,"gmtModify":1676535077576,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>Put on my radar now","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a>Put on my radar now","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$Put on my radar now","images":[{"img":"https://community-static.tradeup.com/news/b6e1b160346ddeffabb0d0ac2ffab605","width":"1125","height":"2411"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064641641","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9060445158,"gmtCreate":1651190838204,"gmtModify":1676534866391,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>US up HK will follow...đ¤Ť","listText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>US up HK will follow...đ¤Ť","text":"$GEELY AUTO(00175)$US up HK will follow...đ¤Ť","images":[{"img":"https://community-static.tradeup.com/news/4534b3831364f69d299260a40e765726","width":"1125","height":"2397"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9060445158","isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9041181269,"gmtCreate":1656027484951,"gmtModify":1676535752078,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Be patient!!!","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Be patient!!!","text":"$SEMBCORP MARINE LTD(S51.SI)$Be patient!!!","images":[{"img":"https://community-static.tradeup.com/news/59bad83b628b04a7cc33ee4e55f80dcc","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041181269","isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9044738046,"gmtCreate":1656814676885,"gmtModify":1676535898436,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Average down.. ","listText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Average down.. ","text":"$GEELY AUTO(00175)$Average down..","images":[{"img":"https://community-static.tradeup.com/news/189d315436adb4d5f3d6bfdaad04a0e1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044738046","isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046963109,"gmtCreate":1656290432301,"gmtModify":1676535799254,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Buy on dip!!","listText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Buy on dip!!","text":"$DYNA-MAC HOLDINGS LTD.(NO4.SI)$Buy on dip!!","images":[{"img":"https://community-static.tradeup.com/news/84b92f709b2b6979606de9fa1f24d672","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046963109","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3552850525395609","authorId":"3552850525395609","name":"moliya","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3552850525395609","idStr":"3552850525395609"},"content":"for very long time bit is .097...... now it is .259..... so if bought in.101+ range u must TP it now before it goes back","text":"for very long time bit is .097...... now it is .259..... so if bought in.101+ range u must TP it now before it goes back","html":"for very long time bit is .097...... now it is .259..... so if bought in.101+ range u must TP it now before it goes back"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9069756719,"gmtCreate":1651366947877,"gmtModify":1676534895051,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"Cash is king","listText":"Cash is king","text":"Cash is king","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069756719","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 Hathawayâs 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 Hathawayâs first in-person annual meeting since 2019, Buffett went so far as to say the marketâs turned into a âgambling parlor.â</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation âswindlesâ equity investors, but noted Saturday that it âswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.â</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 Microsoftâs 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 marketâs downturn.</p><p>Buffett also stressed the importance of cash as ânew forms of moneyâ like bitcoin pop up.</p><p>âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill. âThatâs what money is.â</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 Q1â˛s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarterâs 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 âbetter than the banksâ</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions â 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 âbetter than the banksâ 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>âWas that a banker screaming?â Buffett joked.</p><h3><b>Buffett warns shareholders about ânew forms of moneyâ and the importance of cash</b></h3><p>Warren Buffett warned shareholders about ânew forms of moneyâ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will âalways have a lot of cash on hand.â</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin ârat poisonâ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill.</p><p>âThatâs what money is,â he added. âIt 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 theyâre reaching [for] new forms of money, this is the only thing that will pay bills.â</p><h3><b>Berkshire put money to work after finding âlittle excitingâ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is âlittle that excites usâ in the market. But soon after, he put Berkshireâs 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. Berkshireâs first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>âWe found some things we prefer to owning Treasury bills,â quipped Berkshire vice chairman and Buffettâs 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>âThatâs not investment. Youâre not buying from [investors]. I find it just incredible. You couldnât do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,â Buffett said.</p><p>âThat enabled us, in a two-week period, to buy 14% of a business thatâs been around for decades,â Buffett said. âImagine 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 weâve seen a lot.â</p><p>The legendary investor said that the short-term volatility earlier this year fueled by âgambling mentalityâ allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshireâs 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 Brooksâ products but that he thinks some of the cost pressures could cool soon.</p><p>âWe donât have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itâs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,â Weber said.</p><h3><b>Buffett wants Berkshire to be in a âposition to operateâ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a âposition to operateâ should the economy stop.</p><p>âWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,â Buffett said. âAnd that can always happen, it can always happen.â</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 Reserveâs role during the 2008 financial crisis and the pandemic.</p><p>âThe Federal Reserve has not gone,â Buffett said. He added the Fed will âdo whatever is necessary. ... Thatâs what happened in 2008 and 2009, and thatâs what happened in 2020, and youâll hope it happens again next time.â</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>âWe have so much trouble finding good ideas that we canât afford to ignore any,â Buffett said. âBut they do have to be sizable.â</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>âWeâll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,â Buffett said.</p><h3><b>Munger says todayâs stock market "almost a mania of speculation"</b></h3><p>Munger said todayâs stock market has become âalmost a mania of speculation.â</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>âWe have computers with algorithms trading against other computers,â Munger said. âWeâve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>âI understand the commission though,â 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>âPeople and tradersâ poker chips are pulling the handle,â he said. âTheyâve 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. Nobodyâs going around selling calls on farms. Thatâs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itâs not because weâre smarter. ⌠weâre sane, and thatâs the main requirement in this business.â</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>âItâs the most ridiculous criticism I ever heard,â Munger said.</p><p>âItâs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, âI donât like the way you were holding your spear when you won that battle,ââ he added, referencing ancient Greek epic âThe Odyssey.â</p><p>The California Public Employeesâ 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 proposalâs aim stems from concerns about corporate governance with one person holding dual roles.</p><p>âSome guy thatâs never run any business, doesnât know anything â I donât think too much of this activity,â Munger said.</p><h3><b>Berkshireâs 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 conglomerateâs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>âEach one have their plusses and minuses, but having said that, thereâs no question that recently Progressive has done a much better job than Geico ⌠both in terms of margins and in terms of growth,â Jain said.</p><p>âThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned ⌠is telematics,â he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>âProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnât involved in telematics,â Jain said. âItâs 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.â</p><p>Jainâs 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>âWe havenât the faintest idea what the stock market was gonna do when it opens on Monday,â Buffett said in response to an audience question.</p><p>âI donât think weâve 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 economyâs going to do. We donât know,â he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners heâs picked over the years, pointing out heâs 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>âWe have not been good at timing,â Buffett said. âWeâve 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.â</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 didnât say where they would put their money, but Munger was clear about where he wouldnât invest: bitcoin.</p><p>âWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,â he said.</p><p>Mungerâs 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>âI went to the New York Stock Exchange, I was in awe of it,â Buffett said. âI 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.â</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherâs 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 Grahamâs âThe Intelligent Investor.â</p><p>âI looked at this book and I saw one paragraph and it told me Iâve been doing everything wrong. I just had the whole approach wrong,â Buffett said.</p><h3><b>Buffett wants to make it clear heâs not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that heâs not the only one at Berkshire Hathaway picking stocks.</p><p>âI see headlines in papers just time after time after time that say, âBuffettâs buying such and such,ââ Buffett said. âIâm not buying such and such. Berkshire Hathaway is buying.â</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffettâs ever having heard of it.</p><p>âBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donât know whether it is the people that work for him, the headline is designed to bring people into the story,â Buffett said.</p><p>âThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnât ask for in the first place,â he said.</p><h3><b>Buffett says inflation âswindles almost everybodyâ</b></h3><p>When asked about his previous comments that inflation âswindlesâ equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>âInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,â he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnât 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>âThe question is how much ... and the answer is nobody knows,â 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 thatMicrosoftâsproposed 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 âhad no prior knowledgeâof Microsoftâs 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 Microsoftâs 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. âIf we went over 10%, we would file a report,â he said.</p><p>âIf the deal goes through, we make some money, and if the deal doesnât go through, who knows what happens,â Buffett said.</p><p>âWe donât know what the Justice Department will do, we donât know what the E.U. will do, we donât know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,â Buffett added.</p><h3><b>Buffett: âI look at Berkshire as a paintingâ</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>âI look at Berkshire as a painting,â Buffett said. âItâs unlimited in size; itâs got an ever-expanding canvas, and I get to paint what I want.â</p><p>Buffett did acknowledge that he doesnât know much about art, but added that âother people look at paintings and they see something, then theyâll 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.â</p><p>âItâs in my head, and I see different things in it as I go along,â Buffett said. âItâs satisfying.â</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>âYou print loads of money, and money is going to be worth less,â 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>âIn my book,Jay Powellis a hero. Itâs very simple. He did what he had to do,â 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>âMy general assumption â thereâs no way to prove it â but essentially, people are now behaving somewhat more tribal than they have for a long time,â Buffett said.</p><p>âItâs 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 theyâre gonna give you those answers,â 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 werenât served dessert until they âsaid something nastyâ about Roosevelt.</p><p>âI donât think itâs a good development for society,â Buffett said.</p><h3><b>Buffett says he wonât buy bitcoin because âit doesnât produce anythingâ</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>âWhether it goes up or down in the next year, or five or 10 years, I donât know. But the one thing Iâm pretty sure of is that it doesnât produce anything,â Buffett said. âItâs got a magic to it and people have attached magics to lots of things.â</p><p>Buffett listed farmland, apartment buildings â and even art â as assets that had more tangible value than bitcoin.</p><p>âAssets, to have value, have to deliver something to somebody. And thereâs only one currency thatâs 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,â he said, holding up a $20 bill. âAnd thereâs no reason in the world why the United States government ⌠is going to let Berkshire money replace theirs.â</p><h3><b>Berkshireâs business meeting concludes with shareholder votes</b></h3><p>Berkshireâs 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 company 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 Berkshireâs 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 Agreementâs 1.5°C 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 Hathawayâs 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 Hathawayâs 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 Hathawayâs first in-person annual meeting since 2019, Buffett went so far as to say the marketâs turned into a âgambling parlor.â</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation âswindlesâ equity investors, but noted Saturday that it âswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.â</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 Microsoftâs 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 marketâs downturn.</p><p>Buffett also stressed the importance of cash as ânew forms of moneyâ like bitcoin pop up.</p><p>âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill. âThatâs what money is.â</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 Q1â˛s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarterâs 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 âbetter than the banksâ</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions â 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 âbetter than the banksâ 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>âWas that a banker screaming?â Buffett joked.</p><h3><b>Buffett warns shareholders about ânew forms of moneyâ and the importance of cash</b></h3><p>Warren Buffett warned shareholders about ânew forms of moneyâ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will âalways have a lot of cash on hand.â</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin ârat poisonâ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill.</p><p>âThatâs what money is,â he added. âIt 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 theyâre reaching [for] new forms of money, this is the only thing that will pay bills.â</p><h3><b>Berkshire put money to work after finding âlittle excitingâ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is âlittle that excites usâ in the market. But soon after, he put Berkshireâs 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. Berkshireâs first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>âWe found some things we prefer to owning Treasury bills,â quipped Berkshire vice chairman and Buffettâs 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>âThatâs not investment. Youâre not buying from [investors]. I find it just incredible. You couldnât do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,â Buffett said.</p><p>âThat enabled us, in a two-week period, to buy 14% of a business thatâs been around for decades,â Buffett said. âImagine 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 weâve seen a lot.â</p><p>The legendary investor said that the short-term volatility earlier this year fueled by âgambling mentalityâ allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshireâs 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 Brooksâ products but that he thinks some of the cost pressures could cool soon.</p><p>âWe donât have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itâs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,â Weber said.</p><h3><b>Buffett wants Berkshire to be in a âposition to operateâ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a âposition to operateâ should the economy stop.</p><p>âWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,â Buffett said. âAnd that can always happen, it can always happen.â</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 Reserveâs role during the 2008 financial crisis and the pandemic.</p><p>âThe Federal Reserve has not gone,â Buffett said. He added the Fed will âdo whatever is necessary. ... Thatâs what happened in 2008 and 2009, and thatâs what happened in 2020, and youâll hope it happens again next time.â</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>âWe have so much trouble finding good ideas that we canât afford to ignore any,â Buffett said. âBut they do have to be sizable.â</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>âWeâll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,â Buffett said.</p><h3><b>Munger says todayâs stock market "almost a mania of speculation"</b></h3><p>Munger said todayâs stock market has become âalmost a mania of speculation.â</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>âWe have computers with algorithms trading against other computers,â Munger said. âWeâve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>âI understand the commission though,â 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>âPeople and tradersâ poker chips are pulling the handle,â he said. âTheyâve 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. Nobodyâs going around selling calls on farms. Thatâs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itâs not because weâre smarter. ⌠weâre sane, and thatâs the main requirement in this business.â</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>âItâs the most ridiculous criticism I ever heard,â Munger said.</p><p>âItâs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, âI donât like the way you were holding your spear when you won that battle,ââ he added, referencing ancient Greek epic âThe Odyssey.â</p><p>The California Public Employeesâ 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 proposalâs aim stems from concerns about corporate governance with one person holding dual roles.</p><p>âSome guy thatâs never run any business, doesnât know anything â I donât think too much of this activity,â Munger said.</p><h3><b>Berkshireâs 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 conglomerateâs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>âEach one have their plusses and minuses, but having said that, thereâs no question that recently Progressive has done a much better job than Geico ⌠both in terms of margins and in terms of growth,â Jain said.</p><p>âThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned ⌠is telematics,â he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>âProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnât involved in telematics,â Jain said. âItâs 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.â</p><p>Jainâs 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>âWe havenât the faintest idea what the stock market was gonna do when it opens on Monday,â Buffett said in response to an audience question.</p><p>âI donât think weâve 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 economyâs going to do. We donât know,â he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners heâs picked over the years, pointing out heâs 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>âWe have not been good at timing,â Buffett said. âWeâve 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.â</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 didnât say where they would put their money, but Munger was clear about where he wouldnât invest: bitcoin.</p><p>âWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,â he said.</p><p>Mungerâs 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>âI went to the New York Stock Exchange, I was in awe of it,â Buffett said. âI 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.â</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherâs 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 Grahamâs âThe Intelligent Investor.â</p><p>âI looked at this book and I saw one paragraph and it told me Iâve been doing everything wrong. I just had the whole approach wrong,â Buffett said.</p><h3><b>Buffett wants to make it clear heâs not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that heâs not the only one at Berkshire Hathaway picking stocks.</p><p>âI see headlines in papers just time after time after time that say, âBuffettâs buying such and such,ââ Buffett said. âIâm not buying such and such. Berkshire Hathaway is buying.â</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffettâs ever having heard of it.</p><p>âBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donât know whether it is the people that work for him, the headline is designed to bring people into the story,â Buffett said.</p><p>âThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnât ask for in the first place,â he said.</p><h3><b>Buffett says inflation âswindles almost everybodyâ</b></h3><p>When asked about his previous comments that inflation âswindlesâ equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>âInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,â he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnât 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>âThe question is how much ... and the answer is nobody knows,â 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 thatMicrosoftâsproposed 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 âhad no prior knowledgeâof Microsoftâs 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 Microsoftâs 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. âIf we went over 10%, we would file a report,â he said.</p><p>âIf the deal goes through, we make some money, and if the deal doesnât go through, who knows what happens,â Buffett said.</p><p>âWe donât know what the Justice Department will do, we donât know what the E.U. will do, we donât know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,â Buffett added.</p><h3><b>Buffett: âI look at Berkshire as a paintingâ</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>âI look at Berkshire as a painting,â Buffett said. âItâs unlimited in size; itâs got an ever-expanding canvas, and I get to paint what I want.â</p><p>Buffett did acknowledge that he doesnât know much about art, but added that âother people look at paintings and they see something, then theyâll 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.â</p><p>âItâs in my head, and I see different things in it as I go along,â Buffett said. âItâs satisfying.â</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>âYou print loads of money, and money is going to be worth less,â 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>âIn my book,Jay Powellis a hero. Itâs very simple. He did what he had to do,â 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>âMy general assumption â thereâs no way to prove it â but essentially, people are now behaving somewhat more tribal than they have for a long time,â Buffett said.</p><p>âItâs 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 theyâre gonna give you those answers,â 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 werenât served dessert until they âsaid something nastyâ about Roosevelt.</p><p>âI donât think itâs a good development for society,â Buffett said.</p><h3><b>Buffett says he wonât buy bitcoin because âit doesnât produce anythingâ</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>âWhether it goes up or down in the next year, or five or 10 years, I donât know. But the one thing Iâm pretty sure of is that it doesnât produce anything,â Buffett said. âItâs got a magic to it and people have attached magics to lots of things.â</p><p>Buffett listed farmland, apartment buildings â and even art â as assets that had more tangible value than bitcoin.</p><p>âAssets, to have value, have to deliver something to somebody. And thereâs only one currency thatâs 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,â he said, holding up a $20 bill. âAnd thereâs no reason in the world why the United States government ⌠is going to let Berkshire money replace theirs.â</p><h3><b>Berkshireâs business meeting concludes with shareholder votes</b></h3><p>Berkshireâs 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 company 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 Berkshireâs 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 Agreementâs 1.5°C 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":"䟯ĺ ĺ¸ĺ°","BRK.B":"䟯ĺ ĺ¸ĺ°B"},"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 Hathawayâs first in-person annual meeting since 2019, Buffett went so far as to say the marketâs turned into a âgambling parlor.âThe Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation âswindlesâ equity investors, but noted Saturday that it âswindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.âBuffett 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 Microsoftâs 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 marketâs downturn.Buffett also stressed the importance of cash as ânew forms of moneyâ like bitcoin pop up.âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill. âThatâs what money is.âCheck out full recap below for more from the two investing legends.Berkshire bought more than $51 billion of stocks during Q1â˛s market routBerkshire bought more than $51 billion worth of stocks during the first quarterâs 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 âbetter than the banksâWarren Buffett has a long history of teasing investment bankers and their institutions â 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 âbetter than the banksâ 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.âWas that a banker screaming?â Buffett joked.Buffett warns shareholders about ânew forms of moneyâ and the importance of cashWarren Buffett warned shareholders about ânew forms of moneyâ as he recalled the financial crisis of 2008 and said Berkshire Hathaway will âalways have a lot of cash on hand.âBuffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin ârat poisonâ in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.âThe United States government affects that this became exchangeable for lawful money in the United States,â Buffett said, displaying an image of an old $20 bill.âThatâs what money is,â he added. âIt 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 theyâre reaching [for] new forms of money, this is the only thing that will pay bills.âBerkshire put money to work after finding âlittle excitingâ in the marketIn his annual chairman letter to shareholders in February, Warren Buffett said there is âlittle that excites usâ in the market. But soon after, he put Berkshireâs 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. Berkshireâs first-quarter filing revealed the company significantly increased its bet on Chevron.âWe found some things we prefer to owning Treasury bills,â quipped Berkshire vice chairman and Buffettâs 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.âThatâs not investment. Youâre not buying from [investors]. I find it just incredible. You couldnât do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,â Buffett said.âThat enabled us, in a two-week period, to buy 14% of a business thatâs been around for decades,â Buffett said. âImagine 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 weâve seen a lot.âThe legendary investor said that the short-term volatility earlier this year fueled by âgambling mentalityâ allowed him to find good long-term opportunities.Executives of Berkshireâs 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 Brooksâ products but that he thinks some of the cost pressures could cool soon.âWe donât have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. Itâs a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,â Weber said.Buffett wants Berkshire to be in a âposition to operateâ should the economy stopBuffett said he wants Berkshire Hathaway to be in a âposition to operateâ should the economy stop.âWe want Berkshire Hathaway to be there and in a position to operate if the economy stops,â Buffett said. âAnd that can always happen, it can always happen.âBuffett 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 Reserveâs role during the 2008 financial crisis and the pandemic.âThe Federal Reserve has not gone,â Buffett said. He added the Fed will âdo whatever is necessary. ... Thatâs what happened in 2008 and 2009, and thatâs what happened in 2020, and youâll hope it happens again next time.âBuffett 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.âWe have so much trouble finding good ideas that we canât afford to ignore any,â Buffett said. âBut they do have to be sizable.âBuffett said while he does seek out new investments, he prefers to be approached proactively.âWeâll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,â Buffett said.Munger says todayâs stock market \"almost a mania of speculation\"Munger said todayâs stock market has become âalmost a mania of speculation.âHis comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.âWe have computers with algorithms trading against other computers,â Munger said. âWeâve got people who know nothing about stocks, being advised by stockbrokers who know even less.âI understand the commission though,â Buffett joked.After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.âPeople and tradersâ poker chips are pulling the handle,â he said. âTheyâve 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. Nobodyâs going around selling calls on farms. Thatâs why markets do crazy things. Occasionally Berkshire gets a chance to do something. Itâs not because weâre smarter. ⌠weâre sane, and thatâs the main requirement in this business.âMunger 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.âItâs the most ridiculous criticism I ever heard,â Munger said.âItâs like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, âI donât like the way you were holding your spear when you won that battle,ââ he added, referencing ancient Greek epic âThe Odyssey.âThe California Public Employeesâ 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 proposalâs aim stems from concerns about corporate governance with one person holding dual roles.âSome guy thatâs never run any business, doesnât know anything â I donât think too much of this activity,â Munger said.Berkshireâs head of insurance explains how Geico has fallen behind rival ProgressiveBerkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerateâs insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.âEach one have their plusses and minuses, but having said that, thereâs no question that recently Progressive has done a much better job than Geico ⌠both in terms of margins and in terms of growth,â Jain said.âThere are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned ⌠is telematics,â he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.âProgressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasnât involved in telematics,â Jain said. âItâs 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.âJainâs 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.âWe havenât the faintest idea what the stock market was gonna do when it opens on Monday,â Buffett said in response to an audience question.âI donât think weâve 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 economyâs going to do. We donât know,â he continued.The Oracle of Omaha said he often gets misplaced credit for the stock winners heâs picked over the years, pointing out heâs 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.âWe have not been good at timing,â Buffett said. âWeâve 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.âMunger 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 didnât say where they would put their money, but Munger was clear about where he wouldnât invest: bitcoin.âWhen you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,â he said.Mungerâs 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.âI went to the New York Stock Exchange, I was in awe of it,â Buffett said. âI 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.âThe investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his fatherâs 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 Grahamâs âThe Intelligent Investor.ââI looked at this book and I saw one paragraph and it told me Iâve been doing everything wrong. I just had the whole approach wrong,â Buffett said.Buffett wants to make it clear heâs not the only one picking stocks at Berkshire HathawayWarren Buffett wants to make it clear that heâs not the only one at Berkshire Hathaway picking stocks.âI see headlines in papers just time after time after time that say, âBuffettâs buying such and such,ââ Buffett said. âIâm not buying such and such. Berkshire Hathaway is buying.âThe investor said a stock pick may have been made by other finance professionals in his organization without Buffettâs ever having heard of it.âBut the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we donât know whether it is the people that work for him, the headline is designed to bring people into the story,â Buffett said.âThe easiest thing to do is basically shut up and not have a bunch of people facing consequences they didnât ask for in the first place,â he said.Buffett says inflation âswindles almost everybodyâWhen asked about his previous comments that inflation âswindlesâ equity investors, Buffett said the damage from rising prices was much broader than that.âInflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,â he said.Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isnât 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.âThe question is how much ... and the answer is nobody knows,â 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 thatMicrosoftâsproposed 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 âhad no prior knowledgeâof Microsoftâs 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 Microsoftâs offer. Buying at these levels will yield a bigger return if the deal closes.Buffett said Berkshire now owns about 9.5% of Activision. âIf we went over 10%, we would file a report,â he said.âIf the deal goes through, we make some money, and if the deal doesnât go through, who knows what happens,â Buffett said.âWe donât know what the Justice Department will do, we donât know what the E.U. will do, we donât know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,â Buffett added.Buffett: âI look at Berkshire as a paintingâThe possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.âI look at Berkshire as a painting,â Buffett said. âItâs unlimited in size; itâs got an ever-expanding canvas, and I get to paint what I want.âBuffett did acknowledge that he doesnât know much about art, but added that âother people look at paintings and they see something, then theyâll 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.ââItâs in my head, and I see different things in it as I go along,â Buffett said. âItâs satisfying.âBuffett 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.âYou print loads of money, and money is going to be worth less,â Buffett said.However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.âIn my book,Jay Powellis a hero. Itâs very simple. He did what he had to do,â Buffett said.Buffett says people are becoming more tribalWarren Buffett said people are becoming more tribal.âMy general assumption â thereâs no way to prove it â but essentially, people are now behaving somewhat more tribal than they have for a long time,â Buffett said.âItâs 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 theyâre gonna give you those answers,â 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 werenât served dessert until they âsaid something nastyâ about Roosevelt.âI donât think itâs a good development for society,â Buffett said.Buffett says he wonât buy bitcoin because âit doesnât produce anythingâWarren 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.âWhether it goes up or down in the next year, or five or 10 years, I donât know. But the one thing Iâm pretty sure of is that it doesnât produce anything,â Buffett said. âItâs got a magic to it and people have attached magics to lots of things.âBuffett listed farmland, apartment buildings â and even art â as assets that had more tangible value than bitcoin.âAssets, to have value, have to deliver something to somebody. And thereâs only one currency thatâs 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,â he said, holding up a $20 bill. âAnd thereâs no reason in the world why the United States government ⌠is going to let Berkshire money replace theirs.âBerkshireâs business meeting concludes with shareholder votesBerkshireâs 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 company 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 Berkshireâs 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 Agreementâs 1.5°C 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":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907756850,"gmtCreate":1660260601772,"gmtModify":1676532291390,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Will wait for another round of.... Bouncing... [Miser] ","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Will wait for another round of.... Bouncing... [Miser] ","text":"$SEMBCORP MARINE LTD(S51.SI)$Will wait for another round of.... Bouncing... [Miser]","images":[{"img":"https://community-static.tradeup.com/news/bc1130280c8449b86df5ec0e8c952d08","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907756850","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9072674195,"gmtCreate":1658031446917,"gmtModify":1676536096348,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Too greedy.. ","listText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Too greedy.. ","text":"$DYNA-MAC HOLDINGS LTD.(NO4.SI)$Too greedy..","images":[{"img":"https://community-static.tradeup.com/news/c63bd18ec28145102052af3997d016a4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072674195","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9040249322,"gmtCreate":1655682507866,"gmtModify":1676535682628,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Buy on dip","listText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Buy on dip","text":"$DYNA-MAC HOLDINGS LTD.(NO4.SI)$Buy on dip","images":[{"img":"https://community-static.tradeup.com/news/0d548ddb42a97a723bc5e36aff021e8d","width":"1170","height":"2507"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040249322","isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9053219002,"gmtCreate":1654556192506,"gmtModify":1676535465838,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Long...","listText":"<a href=\"https://ttm.financial/S/NO4.SI\">$DYNA-MAC HOLDINGS LTD.(NO4.SI)$</a>Long...","text":"$DYNA-MAC HOLDINGS LTD.(NO4.SI)$Long...","images":[{"img":"https://community-static.tradeup.com/news/4e79c8de08601d19365b87d92c08c6f2","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9053219002","isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9029424112,"gmtCreate":1652827637336,"gmtModify":1676535167155,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Not bad","listText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Not bad","text":"$GEELY AUTO(00175)$Not bad","images":[{"img":"https://community-static.tradeup.com/news/ccea1fa627fbc853d27d272bf273b5cb","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029424112","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9933876100,"gmtCreate":1662264959601,"gmtModify":1676537027899,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Disappointed... ","listText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Disappointed... ","text":"$GEELY AUTO(00175)$Disappointed...","images":[{"img":"https://community-static.tradeup.com/news/2035f4ffe3af6e0862e1890e27b000f5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9933876100","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9026810354,"gmtCreate":1653353269078,"gmtModify":1676535266029,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Expect to go up in HKmarket","listText":"<a href=\"https://ttm.financial/S/00175\">$GEELY AUTO(00175)$</a>Expect to go up in HKmarket","text":"$GEELY AUTO(00175)$Expect to go up in HKmarket","images":[{"img":"https://community-static.tradeup.com/news/eaadd0088a897373025b0c7697863bf0","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026810354","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9948467372,"gmtCreate":1680772784296,"gmtModify":1680772787786,"author":{"id":"4113349061695712","authorId":"4113349061695712","name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113349061695712","idStr":"4113349061695712"},"themes":[],"htmlText":"Don't miss the chance ","listText":"Don't miss the chance ","text":"Don't miss the chance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/9948467372","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}