Buffett shareholder letter: significantly increased short-term US bond holdings

Odaily Daily News: Buffett released his annual shareholder letter, in which he mentioned that Berkshire Hathaway's performance in 2024 exceeded expectations, despite 53% of our 189 operating companies reporting a decline in earnings. As the yield of US treasury bond bonds has increased, we have significantly increased our holdings of these highly liquid short-term securities, and the investment income has achieved a predictable growth, which is very helpful to us. (Golden Ten)