Letter from Warren Buffet to its investors
Every year the billionaire Warren Buffet, writes a letter to his shareholders where apart from explaining Berkshire Hathaway's investment portfolio, he usually gives some advice, apart from his vision and analysis of the world economy, if you want to read the letter click here
We are going to analyze the most important points of this extensive letter, remember that Warren buffet is one of the best investors in the history of Wall Street, in this letter he is grateful for having the shares of what he calls his jewels, among which is 5, 4% Apple, 91% Berkshire Hathaway Energy, shares in insurer GEICO and BNFS railways.
The great advice he gives is never to bet against the United States of America, he reminds his investors that in 232 years there has not been another country with the ability to lead the world like the USA, I personally believe that the USA leads the world in the economic and commercial aspect, thanks to his innovations and I agree with Warren on this aspect, if I can invest my priority would be western cryptocurrency companies and projects.
He also talks about his mistakes, about the Precision Castparts case, a company that he bought and has not paid the expected dividends, he allege that he simply overvalued it and paid more for it, he also talks about the fact that he did not acquire any large company last year It is a practice that Warren regularly does, usually buys a large company per year, but due to the pandemic he don't do it in 2020 so this was not his most productive year.
He gives advice to new investors, talks about how at this moment there are thousands of investors trying to make quick profits so he gives the advice to keep an election, you must keep your investment and not change it with any variation of the market, if you choose an investment it was for something and you should keep it is the advice that Warren Buffet gives.
He emphasizes that his investment in Apple brings him 700 million dollars a year in dividends, which makes Apple the most profitable investment for Warren Buffet, this character is very interesting for me, I don't tired of watching videos about him and documentaries, personally I am going to take his advice on everything to keep the investment and apply it to cryptocurrencies.
Thank's for read
We can learn a lot from his wisdom and knowledge.
that's right friend, thank's for read
Hello @ramsesuchiha
Reading about this gentleman and his recommendations is literally an investment school. Although I think he is little open to more current inversones like cryptocurrencies. But, it is a school, you can learn a lot from him just by reading him. Luckily he has been recorded in many videos, so his knowledge is at everyone's fingertips.
He is a man who has only known how to win the last 50 years, truly someone worth studying, thank's for read dear friend
Warren Buffett is a good investor and had a nice name in the field of finance. All the tips provide are good and as per experienced level.
it's a great man , thank's for read