Why has there been a ruckus on the letter that Warren Buffet is waiting for?

Warren Buffett owns the Berkshire Hathaway Company. Staunch Investor. In a company that invests money, people all over the world run after that company. Shares of that company start running in autopilot mode. Buffett writes a letter annually. Those who say that the annual letter of the buffet is better than the books written about business and investment around the world. Investors from all over the world read this letter to understand their thinking. This time also Buffett wrote a letter. But it has been disputed. Let's know what is in the letter and why there has been a dispute on it.

Buffett wrote this 14-page letter on February 27. You can read it completely by clicking here. In this, he has told how one of his furniture company was closed for several days due to the epidemic. chandravanshi

What is the target of people on Buffet?

Talking to Bloomberg, Cathy Seifert, an analyst with the American research company CFRA Research, said about Buffett's letter, "You (Buffet) own such a big company." You matter You have businesses that were directly affected by the epidemic. Insurance companies that were affected by global warming and social inflation. But you did not say a word about the epidemic. It was shocking and disappointing for me. '

In fact, the 90-year-old Buffet is unusually silent after the annual meeting held in May 2020. According to reports, he remained silent on the issues that have been important to his group. Like the market etc. in this year's environment. Experts say that a lot has been said about the epidemic and the impact it has on the business, nothing has been said about the epidemic in Buffett's letter. They are looking at this as a political statement, which Buffet has seen escaping in recent years. History of hindusim

Bloomberg wanted to get a response from Buffett's company regarding the matter, which did not get any immediate response. The president and portfolio manager of the Berkshire firm has said that there is nothing in the letter that is not there. These are the things that are being questioned. Now, let us know about some special things of the letter.

# Dependent on buybacks instead of buffet deals?

Berkshire has repurchased its stock worth a record $ 24.7 billion. Because Buffett tried hard to find a better investment, but the matter did not accumulate. The group has been buying its stock since the end of last year and it is very likely that it will continue. It has happened that the self-ownership in the business of Berkshire has increased by 5.2 per cent.

The company has not made any major acquisitions this year. The company was in cash this year. The company grew to 138.3 billion in the fourth quarter. Compared to the fourth quarter of last year, this time it has recorded a profit of about 14 percent.

# Apple Profit Deals?

Berkshire has invested $ 120 billion in Apple. He bought a $ 31.1 billion stake in Apple in 2016. Since that time, Apple is one of the top three assets for the company.

Buffett has been saying that he has not understood technology properly but he has always insisted on technology investment. Along with Apple, the company has invested in Amazon, Snowflake and Verizon etc.

# Buffet considered which mistake?

Buffett admits that he made a mistake five years ago by buying Precision Castparts Corp for $ 37.2 billion. In the letter, he told that the company was paid a lot. He said, 'I was not misled by anyone. I was very hopeful myself. '

#What is advised to stay away from?

Bonds. Bonds have reduced the attractiveness of the market due to very low interest rates across the world. Bonds are not good nowadays. There is a severe decline in 10-year US tragery bonds. In such a situation, Buffett has advised to avoid bonds.

# Never Bet Against America

Buffett has written in his letter that in his 232 years of existence there is no incubator for human potential like America. Despite many small and big problems, the economic progress of our country has been breathtaking. We uphold the constitutional aspiration of 'a more ideal union'. Progress on this front is slow but we have moved forward and will continue to grow.

He wrote one more thing - Never Bet Against America. Never bet against America. There is a lot of discussion on this matter on social media. Users are finding different meanings of this matter.