Warren Buffett says Berkshire Hathaway is seeing 'very substantial inflation' and raising prices

CNBC2021-05-04

KEY POINTS"We are seeing very substantial inflation," Warren Buffett said at the conglomerate's annual shareholder meeting Saturday. "We are raising prices. People are raising prices to us and it's ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jayden86_
2021-05-04
Jayden86_
Pls help to like and comment ?
LaiX
2021-05-04
LaiX
Pretty sure not just this old man has this thought
UNCLEUNCLE
2021-05-04
UNCLEUNCLE
Great great
- 冲冲高:
  GoOd
HeatWave
2021-05-04
HeatWave
Oh no not good
- LaiX:
  exactly
Werkohderkoh
2021-05-04
Werkohderkoh
?
- The Knight:
  Heavy weight Stocks for Warren Buffet
skyel
2021-05-04
skyel
Will the markets sustainable due to the substantial inflation?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1191378295?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-04 08:21","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1191378295","market":"us","top_or_hot":-1,"title":"Warren Buffett says Berkshire Hathaway is seeing 'very substantial inflation' and raising prices","media":"CNBC","content":"<div>\n<p>KEY POINTS\"We are seeing very substantial inflation,\" Warren Buffett said at the conglomerate's annual shareholder meeting Saturday. \"We are raising prices. People are raising prices to us and it's ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Warren Buffett says Berkshire Hathaway is seeing 'very substantial inflation' and raising prices</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\">\nWarren Buffett says Berkshire Hathaway is seeing 'very substantial inflation' and raising prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\"We are seeing very substantial inflation,\" Warren Buffett said at the conglomerate's annual shareholder meeting Saturday. \"We are raising prices. People are raising prices to us and it's ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRK.A","symbol_name":"伯克希尔","start_time":0,"source_url":"https://www.cnbc.com/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html","article_id":"1191378295","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1191378295","pubTimestamp":1620087670,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\"We are seeing very substantial inflation,\" Warren Buffett said at the conglomerate's annu","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"translate_title":"沃伦•巴菲特说，伯克希尔B正面临“非常严重的通货膨胀”和物价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9},"content_text":"KEY POINTS\"We are seeing very substantial inflation,\" Warren Buffett said at the conglomerate's annual shareholder meeting Saturday. \"We are raising prices. People are raising prices to us and it's being accepted.\"Berkshire Hathaway owns one of the nation's largest homebuilders, Clayton Homes, along with companies such as Benjamin Moore paints and Shaw flooring.Inflation has begun to accelerate recently due to multiple factors, including increasing demand and struggles with some areas of the supply chain, as well as just easier comparisons with the pace of a year ago.Warren Buffettis seeing inflation amongBerkshire Hathaway's collection of businesses as the economic recovery from theCovid pandemickicks into high gear.\"We are seeing very substantial inflation,\" the Berkshire chairman and CEO said at the conglomerate's annual shareholder meeting Saturday. \"It's very interesting. We are raising prices. People are raising prices to us and it's being accepted.\"“We’ve got nine homebuilders in addition to our manufacture housing and operation, which is the largest in the country. So we really do a lot of housing. The costs are just up, up, up. Steel costs, you know, just every day they’re going up,” the legendary investor added.Berkshire Hathaway owns one of the nation’s largest homebuilders Clayton Homes, along with companies such as Benjamin Moore paints and Shaw flooring.Inflation has begun to accelerate recently due to multiple factors, including increasing demand and struggles with some areas of the supply chain, as well as just easier comparisons with the pace of a year ago. The core personal consumption expenditures price index, which excludes volatile food and energy prices, rose 1.8% in March, the fastest pace since February 2020. The headline number increased 2.3%, the quickest pace for that measure since 2018.Federal Reserve Chairman Jerome Powell reiterated last week that he expects inflation to show a temporary move higher then settle back to around the central bank’s 2% target. The Fed has resolved not to raise interest rates until the economy sees full, inclusive employment, so long as inflation doesn’t run too far above the goal.Higher price pressures could weigh on stocks as inflation erodes the value of future company profits, and can cause a spike in Treasury yields.For a full recap of Buffett’s comments at the annual meeting,see here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":106187854,"gmtCreate":1620093653978,"gmtModify":1704338547614,"author":{"id":"3581853261599921","authorId":"3581853261599921","name":"Jayden86_","avatar":"https://static.tigerbbs.com/e0a3979b2998dfa9c0fddbce29da3ab9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581853261599921","authorIdStr":"3581853261599921"},"htmlText":"Pls help to like and comment ?","listText":"Pls help to like and comment ?","text":"Pls help to like and comment ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106187854","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":106114280,"gmtCreate":1620093089640,"gmtModify":1704338533689,"author":{"id":"3569974043389968","authorId":"3569974043389968","name":"LaiX","avatar":"https://static.tigerbbs.com/40f8978e948756592405706751ebcadd","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3569974043389968","authorIdStr":"3569974043389968"},"htmlText":"Pretty sure not just this old man has this thought","listText":"Pretty sure not just this old man has this thought","text":"Pretty sure not just this old man has this thought","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106114280","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":106370540,"gmtCreate":1620090383280,"gmtModify":1704338470159,"author":{"id":"3578454236921942","authorId":"3578454236921942","name":"UNCLEUNCLE","avatar":"https://static.tigerbbs.com/39d9ac757e81155e380be67c7f350841","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3578454236921942","authorIdStr":"3578454236921942"},"htmlText":"Great great","listText":"Great great","text":"Great great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/106370540","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4215356,"gmtCreate":1620091895468,"gmtModify":1680786876075,"authorId":3577967326862109,"author":{"id":3577967326862109,"idStr":"3577967326862109","authorId":3577967326862109,"name":"冲冲高","avatar":"https://static.tigerbbs.com/b1bdedaa222e1b8ec019d660176bc827","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.14","exceedPercentage":"93.95%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":106370540,"type":1,"supId":0,"prevId":0,"content":"GoOd","text":"GoOd","html":"GoOd"}],"langContent":"EN"},{"id":106347431,"gmtCreate":1620090332623,"gmtModify":1704338468483,"author":{"id":"3581648699031335","authorId":"3581648699031335","name":"HeatWave","avatar":"https://static.tigerbbs.com/df15a10254b322279c673072699eb4cf","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581648699031335","authorIdStr":"3581648699031335"},"htmlText":"Oh no not good","listText":"Oh no not good","text":"Oh no not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/106347431","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4215567,"gmtCreate":1620093110381,"gmtModify":1680786880991,"authorId":3569974043389968,"author":{"id":3569974043389968,"idStr":"3569974043389968","authorId":3569974043389968,"name":"LaiX","avatar":"https://static.tigerbbs.com/40f8978e948756592405706751ebcadd","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":106347431,"type":1,"supId":0,"prevId":0,"content":"<u>exactly</u>","text":"<u>exactly</u>","html":"<u>exactly</u>"}],"langContent":"EN"},{"id":106341101,"gmtCreate":1620090053103,"gmtModify":1704338459217,"author":{"id":"3571138623117037","authorId":"3571138623117037","name":"Werkohderkoh","avatar":"https://static.tigerbbs.com/15f00b0aef0edf959d4cceebd1513729","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571138623117037","authorIdStr":"3571138623117037"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/106341101","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4225341,"gmtCreate":1620175743546,"gmtModify":1680787038548,"authorId":3570437600969291,"author":{"id":3570437600969291,"idStr":"3570437600969291","authorId":3570437600969291,"name":"The Knight","avatar":"https://static.tigerbbs.com/75dcd9b9c7a6f69cb6e3d99df5c339df","vip":1,"currentWearingBadge":{"badgeId":"4e86300037264823b9bb00ff44fc0f19-5","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 10 months","bigImgUrl":"https://community-static.tradeup.com/news/50836b6acaa4041c6613cc97eeeb364b","smallImgUrl":"https://community-static.tradeup.com/news/a6b8bf4481e36ae8a863eae5098461e6","grayImgUrl":"https://community-static.tradeup.com/news/91c1c1e4d3607b46e414ab97cc6dd982","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5600},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":106341101,"type":1,"supId":0,"prevId":0,"content":"Heavy weight Stocks for Warren Buffet","text":"Heavy weight Stocks for Warren Buffet","html":"Heavy weight Stocks for Warren Buffet"}],"langContent":"EN"},{"id":106321457,"gmtCreate":1620089299879,"gmtModify":1704338435777,"author":{"id":"3581505866102985","authorId":"3581505866102985","name":"skyel","avatar":"https://static.tigerbbs.com/a4e416c9b1fabad56fbe0e086388d5b0","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581505866102985","authorIdStr":"3581505866102985"},"htmlText":"Will the markets sustainable due to the substantial inflation?&nbsp;","listText":"Will the markets sustainable due to the substantial inflation?&nbsp;","text":"Will the markets sustainable due to the substantial inflation?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106321457","repostId":1191378295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":82,"commentSize":27,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191378295"}