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A
Ajit Jain
B
Becky
早期Macintosh用户群体的活跃参与者和技术贡献者。
B
Benjamin Graham Sanderson
G
Greg Abel
J
Jackie Han
S
S.T. Cheung
S
Sean Siegel
W
Warren Buffett
Warren Buffett: 我将回顾伯克希尔哈撒韦公司在过去一年的业绩，并对未来发展方向进行展望。今年的股东大会销售额创历史新高，各个公司都创下了销售记录。我们董事会成员来自不同国家，体现了公司多元化的特点。苹果公司CEO蒂姆·库克为伯克希尔哈撒韦公司创造了巨大的财富，他带领苹果取得了巨大的成功。伯克希尔哈撒韦公司年度股东大会的成功举办离不开全体员工的共同努力。我参与戏剧社活动结识了很多人，并从中受益匪浅。Carrie Sova为伯克希尔哈撒韦公司撰写了50周年和60周年纪念册，展现了其非凡才能。我对贸易壁垒的观点有所改变，但认为进口证书与关税有所不同。我认为平衡贸易对世界有益。美国经济一直在不断变化，投资者不应过度悲观。在投资生涯中，有时需要快速行动才能获得收益。GEICO公司在Todd的领导下成功扭转了局面，主要通过改进定价策略和运营效率来实现。格雷格·阿贝尔具备成为伯克希尔哈撒韦公司CEO的素质，因为他值得信赖，并且能够与公司员工建立良好的合作关系。伯克希尔哈撒韦公司采取措施来降低汇率风险及其对季度和年度收益的影响，但我们不根据汇率风险对季度和年度收益的影响来制定投资策略，而是关注长期投资价值。股票投资比房地产投资更容易操作，并且机会更多。人工智能技术将改变保险行业评估风险、定价风险和支付索赔的方式，但伯克希尔哈撒韦公司将采取谨慎的策略来应对这一挑战。伯克希尔哈撒韦公司持有大量现金并非为了让格雷格·阿贝尔在未来看起来更好，而是为了抓住投资机会。我们计划长期持有对日本五家贸易公司的投资，并希望与这些公司建立长期合作关系。价值投资的理念仍然适用，但需要适应新的环境。在高利率和全球不确定性环境下，价值投资仍然具有优势，但需要谨慎选择投资标的。伯克希尔哈撒韦公司对日本市场的投资是成功的，并且计划长期持有这些投资。我不了解Portillo's Hot Dogs的收购细节。私募股权公司进入保险行业对伯克希尔哈撒韦公司的保险业务和承保纪律构成了一定的挑战，但我们不会盲目跟风。我将回顾我职业生涯中的一些重要经验教训，并为年轻投资者提供一些建议。与优秀的人共事非常重要，要寻找自己真正热爱的事业。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。GEICO公司通过改进定价策略、利用远程信息处理技术以及降低成本等措施，成功扭转了局面，并在汽车保险市场获得了竞争优势。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。自动驾驶汽车的出现将对GEICO的汽车保险业务产生重大影响，我们将积极应对这一挑战。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。我将回顾我职业生涯中的一些重要经验教训，并为年轻投资者提供一些建议。与优秀的人共事非常重要，要寻找自己真正热爱的事业。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。
Greg Abel: 我将阐述我对资本配置的观点，特别是对新业务的投资。伯克希尔哈撒韦公司将继续保持其独特的价值观和经营模式，并注重风险管理。我们将继续关注长期投资价值，并根据市场变化调整投资策略。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。伯克希尔哈撒韦公司将继续关注长期投资价值，并根据市场变化调整投资策略。美国经济的未来发展前景良好，但需要适应新的变化。在投资中，要保持耐心，但也要果断抓住机会。在面对挫折时，要保持乐观的心态，并从中吸取教训。伯克希尔哈撒韦公司将继续保持其独特的经营模式，并保持长期投资的理念。对于年轻人，努力工作和保持好奇心非常重要。
Ajit Jain: 我将讨论人工智能技术对保险行业的影响，以及伯克希尔哈撒韦公司如何应对这一挑战。人工智能技术将改变保险行业评估风险、定价风险和支付索赔的方式，但伯克希尔哈撒韦公司将采取谨慎的策略来应对这一挑战。GEICO公司通过改进定价策略、利用远程信息处理技术以及降低成本等措施，成功扭转了局面，并在汽车保险市场获得了竞争优势。自动驾驶汽车的出现将对GEICO的汽车保险业务产生重大影响，我们将积极应对这一挑战。私募股权公司进入保险行业对伯克希尔哈撒韦公司的保险业务和承保纪律构成了一定的挑战，但我们不会盲目跟风。
supporting_evidences
Warren Buffett: 'And I would, we're going to have, in a minute, we'll get to the question and answer, but I'd like to first introduce our directors...'
Warren Buffett: 'And, Ron, if you don't mind standing, I would like to point out that, Ron, they finally got through an age director thing at Berkshire...'
Warren Buffett: 'I listened to him on Thursday afternoon. It's the only investment quarterly call that I listen to, but I listened to Tim Cook, and I understand...'
Warren Buffett: 'I knew Steve Jobs briefly, and Steve, of course, did things that nobody else could have done in developing Apple...'
Warren Buffett: 'I don't do any work in terms of the show or anything else around Berkshire, but what you see today is the product of a lot of people at Berkshire...'
Warren Buffett: 'Well, I'm thinking all the way back. Maybe 65 years ago, I met Kary Sova's grandfather and his wife...'
Becky: 'This first question comes from Bill Mitchell. I received more questions about this than any other question...'
Warren Buffett: 'Yeah, well, the import certificates were distinct, but their goal was to balance imports against exports...'
Becky: 'This question comes from Jessica Poon, who says, you've long been a strong believer in the American tailwind and the resilience of the United States...'
Warren Buffett: 'Well, that's a good question. And I There are times when you have to act fast...'
Becky: 'This question comes from Flavio Montenegro, a shareholder from Guatemala...'
Ajit Jain: 'Yeah. Todd has done a great job for us in terms of turning around the operations...'
Benjamin Graham Sanderson: 'When it comes to your principles of investing, you often talk about how important it is to be patient...'
Warren Buffett: 'Well, you've hit on the most important question in terms of the business...'
Becky: 'This question is from Mark Bonkey and Helen Friedrickson in Rapid City, South Dakota...'
Warren Buffett: 'Yeah, we always have, pretty much...'
Jackie Han: 'So your question isn't why don't you own a house, it's why are you still buying stocks instead of more property...'
Warren Buffett: 'Yeah, well in respect to real estate, it's so much harder than stocks...'
Becky: 'This question comes from Sam England in San Francisco...'
Ajit Jain: 'well uh there is no question in my mind that ai is going to be a real game changer...'
Sean Siegel: 'Out of all the companies that Berkshire Hathaway owns, there was one that you acquired, the Chicago-based company Portillo's Hot Dogs...'
Warren Buffett: 'Well, I'll have to ask Greg about that because I don't know anything about it...'
Becky: 'This question comes from Jessica Poon...'
Warren Buffett: 'Well, I would say that Jessica, who I believe is in some instances...'
Daniel: 'When it comes to your principles of investing, you often talk about how important it is to be patient...'
Warren Buffett: 'Well, that's a good question. And I There are times when you have to act fast...'
Becky: 'This question comes from Flavio Montenegro...'
Ajit Jain: 'Yeah. Todd has done a great job for us in terms of turning around the operations...'
Dashboyun Dilger: 'I know you may not give advice informally to government leaders such as South Korea, China and India...'
Warren Buffett: 'I have trouble planning a trip to Council Bluffs...'
Becky: 'This question is from Peter Shen in New Jersey...'
Warren Buffett: 'Part of the question is very easy...'
Marie: 'As a young person interested in investing like myself, I would love to hear your insights, Mr. Buffett...'
Warren Buffett: 'Well, those are good questions. I wish I'd thought of them myself earlier in my life...'
Becky: 'This question comes from Mark Bonkey and Helen Friedrickson...'
Warren Buffett: 'Yeah, we always have, pretty much...'
Benjamin Graham Sanderson: 'Warren thank you for all you've taught us over the years...'
Warren Buffett: 'Well, you've hit on the most important question in terms of the business...'
Becky: 'This question is from Himanshu Bindal for Ajit and Warren...'
Warren Buffett: 'Well, it's always better to make a lot of money without putting up anything...'
Robert: 'So Warren, three years ago Charlie Rose asked you a question to the effect of what you wanted to be remembered for and your reply was
.'
Greg Abel: 'Yeah, I will turn this over to Greg in just one second...'
Kansas Lohmeyer: 'Berkshire Hathaway is the second largest utility provider in the United States...'
Greg Abel: 'Thank you for your, both your question and your comments because it is important to understand say Berkshire Hathaway Energy...'
Becky: 'This question comes from Billy DeRoss...'
Warren Buffett: 'Yeah, we're spending close, it's hard to get the precise figure, close to 20% of GDP on health...'
Ricardo Briz: 'Mr. Buffett, as a nurse from New York State, I've spent years struggling to secure good health insurance for myself...'
Warren Buffett: 'Yeah, we're spending close, it's hard to get the precise figure, close to 20% of GDP on health...'
Revy Panida: 'The wonderful writing of Warren and Charlie has significantly shaped my thinking and teaching...'
Warren Buffett: 'Well, I think our underlying earning power was affected negatively here a while back by what happened in the utility field...'
Achit Patel: 'In the 2017 annual meeting, you said, Warren, you really don't need any money to run these companies and referred to them as ideal businesses...'
Warren Buffett: 'Well, it's always better to make a lot of money without putting up anything...'
Ping-Huang Chen: 'Mr. Buffett, you mentioned that Mr. Apple would be in charge of capital allocation in the future...'
Warren Buffett: 'That's a good question. I see we're calling him Mr. Apple even...'
Scott Williams: 'Do you think the net benefit of Doge will be positive or negative for the long-term health of the United States?'
Warren Buffett: 'Well, why don't you give me a hard one?'
Saskia: 'Mr. Buffett, imagine it's 1776 and you're sitting alongside Benjamin Franklin...'
Warren Buffett: 'Well, I probably, that's a good question, but I would probably say to Ben Franklin...'
Jay Milroy: 'Mr. Buffett has a hands-off approach to managing the operating subsidiaries. How would you describe your approach?'
Greg Abel: 'Better. Well, we've got our managers over there...'
Patrick Nestor: 'My question is, what high school class or activity helped influence you to who you are today as the greatest investor of all time?'
Warren Buffett: 'Well, that's a good question. The teachers you get in your life have this incredible impression on you...'
Billy DeRoss: 'Mr. Buffett, as a nurse from New York State, I've spent years struggling to secure good health insurance for myself...'
Warren Buffett: 'Yeah, we're spending close, it's hard to get the precise figure, close to 20% of GDP on health...'
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