The most profitable investment Buffett made in his life came from the "changes" in the last ten years of his career.
Buffett stated that the wealth created for Berkshire by Apple's CEO Cook far exceeds his own. Previously, Buffett had consistently avoided technology stocks until he made an exception and invested in Apple in 2016, resulting in significant returns for Berkshire.
Berkshire Hathaway's cash reserves have increased to a record high, making it difficult to deploy funds amid the turbulent situation.
Berkshire's operating profit has decreased by about 14% year-on-year, and cash reserves have surged to a record $347.7 billion. In the context of uncertainties due to tariffs, the group finds it difficult to effectively deploy funds. In a statement released before the annual meeting in Omaha, Nebraska, led by CEO Warren Buffett, Berkshire reported that its operating profit has dropped to $9.6 billion. The statement mentioned international trade policies and tariffs, indicating that "there is still considerable uncertainty regarding the final outcomes of these events." At the company's annual meeting in Omaha, Buffett spoke more directly about tariffs.
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Buffett: If the Bank of Japan raises interest rates, "I will never consider selling" Japanese stocks.
The 2025 Berkshire Hathaway Shareholders Meeting will be held on May 3, local time in the United States. When asked whether investment in Japanese Stocks would stop if the Bank of Japan raises interest rates in the future, the "Oracle of Omaha" clearly stated that there would be no Shareholding. "For the next 50 years... we will not consider selling these Stocks," Buffett said. He specifically pointed out that the performance of Japanese companies is "extraordinary," citing examples of how Apple, American Express, and Coca-Cola are performing well in the Japanese market. The investment master also revealed that he has established relationships with Japanese trading companies – Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation, and Marubeni Corporation.
Express News | Berkshire: As of March 31, 2025, We Owned 151.6 Million Shares of American Express Company Common Stock Representing 21.6% of American Express
Express News | Berkshire: 69% Of the Aggregate Fair Value of Its Equity Investments Was Concentrated in American Express, Apple, Bank of America, Chevron and Coca-Cola as of March 31
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