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2021-07-01

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Buffett on the epidemic: The economic impact is extremely uneven, and some industries have made windfalls

疫情冲击经济但一部分企业例如汽车经销商获得意外之财，比菲特称最大的教训是社会无法为所有事情提前准备。

Buffett on the epidemic: The economic impact is extremely uneven, and some industries have made windfalls

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For example, car dealers have reaped windfalls during this period.</b></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway CEO Buffett said in an interview with foreign media on Tuesday that the economic impact is extremely uneven. Hundreds of thousands or even millions of small businesses have suffered terrible damage, but the vast majority of large companies are doing well.</p><p>Buffett says it's not over yet:</p><p>\"I mean, in terms of uncertainty... it's unpredictable, but for most people and most businesses, (the economy) is really better than people expected. They can't be blamed for (being overly pessimistic), the epidemic almost destroyed all kinds of hopes.\"<b>The pandemic has created opportunities</b></p><p>Charlie Munger, vice chairman of Berkshire Hathaway, who was interviewed with Buffett on Tuesday, said that for some companies, such as car dealers, the epidemic has even brought windfalls.</p><p>Munger said:</p><p>\"Not only did they return to normal, but they even created unexpected great success. Because of the epidemic, car dealers made unexpected wealth.\" Due to factory shutdowns due to the pandemic, coupled with the global semiconductor shortage, automobile production supply can't keep up with people's huge demand for cars, which has led to automakers and dealers reaping more profits, and cars are ordered before they even reach dealerships.</p><p>Berkshire Hathaway Automotive is one of the largest dealership groups in the United States, with more than 78 independently operated dealerships. The group also owns BNSF Rail, as well as NetJets, a private business charter and aircraft management company.</p><p><b>Munger on Tuesday revealed he's bullish<a href=\"https://laohu8.com/S/ZM\">Zoom</a>。</b>He is bullish on Zoom because he believes business travel is unlikely to return to pre-pandemic levels. At the same time, he believes office demand will remain low, with many employees preferring to work from home with flexibility.</p><p><b>The biggest lesson</b></p><p>Buffett said Tuesday that his biggest lesson from the unprecedented pandemic is that,<b>The world may be ill-prepared for an impending emergency.</b></p><p>Buffett believes that \"it is difficult for society to prepare for things that are far away but may happen sooner or later,\" he said:</p><p>\"I've learned that people don't know as much as they think they know. But the most important lesson you learn is that (similar) epidemics are destined to happen, and this one is simply not the worst one imaginable.\" In the United States, more than 600,000 people have died from Novel Coronavirus, and the delta variant is currently emerging in at least 92 countries.</p><p>Buffett said:</p><p>\"We have to know that there will be another epidemic. There may be nuclear threats, chemical threats, biological threats, and now cyber threats, all of which are possible. We have done some things, but... society doesn't seem particularly capable of fully dealing with these things.\" Buffett said:</p><p>\"Charlie and I are very lucky in many ways. But the luckiest thing is actually living in this time and place. What can we do to make human beings enjoy an incomparably beautiful life in 50, 100, 200 years, and at the same time, without messing it up?\"</p>","source":"xnew_highlight","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>Buffett on the epidemic: The economic impact is extremely uneven, and some industries have made windfalls</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBuffett on the epidemic: The economic impact is extremely uneven, and some industries have made windfalls\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-06-30 14:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On Tuesday (29th) Eastern Time, legendary investor Warren Buffett said,<b>The impact of the epidemic on the economy is \"extremely uneven\", and the uncertainty of the epidemic is far from over.</b>Buffett believes,<b>The epidemic has also brought some opportunities. For example, car dealers have reaped windfalls during this period.</b></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway CEO Buffett said in an interview with foreign media on Tuesday that the economic impact is extremely uneven. Hundreds of thousands or even millions of small businesses have suffered terrible damage, but the vast majority of large companies are doing well.</p><p>Buffett says it's not over yet:</p><p>\"I mean, in terms of uncertainty... it's unpredictable, but for most people and most businesses, (the economy) is really better than people expected. They can't be blamed for (being overly pessimistic), the epidemic almost destroyed all kinds of hopes.\"<b>The pandemic has created opportunities</b></p><p>Charlie Munger, vice chairman of Berkshire Hathaway, who was interviewed with Buffett on Tuesday, said that for some companies, such as car dealers, the epidemic has even brought windfalls.</p><p>Munger said:</p><p>\"Not only did they return to normal, but they even created unexpected great success. Because of the epidemic, car dealers made unexpected wealth.\" Due to factory shutdowns due to the pandemic, coupled with the global semiconductor shortage, automobile production supply can't keep up with people's huge demand for cars, which has led to automakers and dealers reaping more profits, and cars are ordered before they even reach dealerships.</p><p>Berkshire Hathaway Automotive is one of the largest dealership groups in the United States, with more than 78 independently operated dealerships. The group also owns BNSF Rail, as well as NetJets, a private business charter and aircraft management company.</p><p><b>Munger on Tuesday revealed he's bullish<a href=\"https://laohu8.com/S/ZM\">Zoom</a>。</b>He is bullish on Zoom because he believes business travel is unlikely to return to pre-pandemic levels. At the same time, he believes office demand will remain low, with many employees preferring to work from home with flexibility.</p><p><b>The biggest lesson</b></p><p>Buffett said Tuesday that his biggest lesson from the unprecedented pandemic is that,<b>The world may be ill-prepared for an impending emergency.</b></p><p>Buffett believes that \"it is difficult for society to prepare for things that are far away but may happen sooner or later,\" he said:</p><p>\"I've learned that people don't know as much as they think they know. But the most important lesson you learn is that (similar) epidemics are destined to happen, and this one is simply not the worst one imaginable.\" In the United States, more than 600,000 people have died from Novel Coronavirus, and the delta variant is currently emerging in at least 92 countries.</p><p>Buffett said:</p><p>\"We have to know that there will be another epidemic. There may be nuclear threats, chemical threats, biological threats, and now cyber threats, all of which are possible. We have done some things, but... society doesn't seem particularly capable of fully dealing with these things.\" Buffett said:</p><p>\"Charlie and I are very lucky in many ways. But the luckiest thing is actually living in this time and place. What can we do to make human beings enjoy an incomparably beautiful life in 50, 100, 200 years, and at the same time, without messing it up?\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/webapp/details.html?id=76898&type=news\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/547de4e76c13695ec70bfac56530b60e","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://xnews.jin10.com/webapp/details.html?id=76898&type=news","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147889959","content_text":"美东时间周二（29日），传奇投资者沃伦·巴菲特（Warren Buffett）表示，疫情对经济的冲击“极不均衡”，且疫情不确定性还远未结束。巴菲特认为，疫情也带来了部分机遇，例如汽车经销商在这期间就收获了意外之财。\n伯克希尔哈撒韦公司CEO巴菲特周二接受外媒采访时表示，经济影响是极其不平衡的，数十万、乃至数百万小企业受到了可怕伤害，但绝大多数大公司都做得很好。\n巴菲特表示事情还没有结束：\n\n “我的意思是，在不确定性方面……这是不可预测的，但对多数人和多数企业来说，（经济）确实比人们预期的要好。也不能怪他们（过分悲观），疫情几乎毁灭了人们的各种希望。”\n\n疫情创造了机遇\n周二和巴菲特一起接受采访的伯克希尔哈撒韦公司副董事长芒格（Charlie Munger）表示，对汽车经销商等部分企业来说，疫情甚至还带来了意外之财。\n芒格称：\n\n “他们不仅恢复了正常，甚至创造了意想不到的巨大成功，因为疫情原因，汽车经销商们赚到了意料之外的财富。”\n\n由于疫情导致工厂停工，加上全球半导体短缺问题，汽车生产供应跟不上人们对汽车的巨大需求，这导致汽车制造商和经销商收获了更多利润，汽车甚至在到达经销商处之前就被订购了。\n伯克希尔哈撒韦汽车公司（Berkshire Hathaway Automotive）是美国最大的经销商集团之一，拥有超过78家独立经营的经销商。该集团还拥有BNSF铁路公司，以及私人商务包机和飞机管理公司NetJets。\n芒格周二透露他看好Zoom。之所以看好Zoom，是因为他相信商务旅行不太可能回到疫情前水平。与此同时，他认为，办公室需求将保持在较低水平，许多员工倾向具有灵活性的在家办公。\n最大的教训\n巴菲特周二表示，他从这场史无前例的疫情中学到的最大教训是，世界对即将发生的紧急情况可能准备不足。\n巴菲特认为“社会很难为那些遥远但迟早可能发生的事情做准备”，他说：\n\n “我了解到，人们并不像他们自以为懂的那么多。但你学到的最重要教训是，（类似的）疫情注定会发生，而这次根本不是所能想到的最糟糕的一次。”\n\n在美国，已有超过60万人死于新冠病毒，目前至少92个国家还出现的delta变体。\n巴菲特称：\n\n “我们得知道，还会有另一场疫情。可能有核威胁、化学威胁、生物威胁，现在还有网络威胁，这些都有这种可能。我们做了一些事情，但是……社会似乎不是特别有能力完全应对这些事情。”\n\n巴菲特表示：\n\n “查理和我在很多方面都非常幸运。但最幸运的事情，其实是生活在这个时间和地点。我们要怎么做才能让50年、100年、200年后的人类，享受到无比美好的生活同时，又不把它搞砸？”","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":290,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}