Warren Buffet: Warren Buffett was afraid of this thing at the age of 92, said this big thing – warren buffet shares key investment lessons at Berkshire Hathaway annual meeting
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Earnings may decrease further
The ideas of legendary investor Warren Buffett have a profound effect on the American economy along with Berkshire Hathaway. Warren Buffet has said that the good times may be over. According to Buffett, earnings for most of Berkshire’s operations could decline this year. He attributed the slow down in economic activity to the long-anticipated recession. Made the remarks at the group’s annual general meeting in Omaha, Nebraska. Most recently, Berkshire reported nearly 13% growth in first-quarter operating earnings to $8.07 billion.
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Buffett reduced stake in Taiwan company
In the fourth quarter, Buffett reduced his stake in Taiwan Semiconductor Manufacturing Company. Only a few months back, he revealed that he has a major stake in the company. On reducing stake, Buffett said that this company is one of the most important firm in the world. Its management is also good. Despite this, he kept reducing the stake because he did not like the location. This gesture of Buffett was towards the increasing tension between China and Taiwan.
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