Buffett's shareholder letter states that he will primarily allocate funds to US stocks, without mentioning cryptocurrency

区块律动BlockBeats
区块律动BlockBeats|Feb 23, 2025 01:17
According to BlockBeats, on February 23rd, Berkshire Hathaway Chairman and CEO Warren Buffett stated in this year's annual letter to shareholders: "Although some commentators currently consider Berkshire Hathaway's large cash holdings to be an unusual situation, most of your funds are still invested in stocks. This preference will not change. Although our holdings in publicly traded stocks have decreased from $354 billion last year to $272 billion, the value of our unlisted controlling stake has increased and remains far greater than the value of our publicly traded investment portfolio. Berkshire Hathaway shareholders can rest assured that we will always allocate the majority of your funds to stocks - primarily US stocks, although many of them will have important international operations. Berkshire Hathaway will never prefer holding cash equivalents over owning excellent businesses, whether in controlling or partial ownership In addition, the shareholder letter stated that Berkshire Hathaway has been continuously increasing its yen denominated borrowings, but not following any fixed pattern. All loans are fixed rate and there are no "floating rate" loans. I have no prediction about the future trend of foreign exchange rates, so we strive to maintain a near neutral position in terms of currency It is worth noting that this year's shareholder letter did not mention cryptocurrency.
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