(Bloomberg) - Berkshire Hathaway Inc. tab tom yuav muab cov tub ua lag luam saib yuav ua li cas cov tuam txhab lag luam tswj hwm kev nce nqi nce ntxiv, nce nqi nce thiab kev lag luam poob qis uas hnyav rau qee qhov kev tuav pov hwm loj tshaj plaws.
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Warren Buffett's Berkshire tau teeb tsa los tshaj tawm cov txiaj ntsig thib ob rau hnub Saturday, thiab qhov muag muag ntse uas yog dogged kev lag luam nyob rau hauv thawj ib nrab ntawm lub xyoo no zoo li yuav tshem tawm ib feem ntawm lub tuam txhab cov khoom lag luam thiab nws tus kheej cov nqi hauv phau ntawv vim li cas, raws li cov kws tshuaj ntsuam.
Txawm hais tias qhov kev ntsuas tsis yog-tag nrho, kawg-tag nrho rau lub tuam txhab, cov tub ua lag luam siv nws ua luv luv rau cov koom haum kev ua tau zoo, thiab qhov tsis muaj zog yuav ua rau lawv zoo siab.
Meyer Shields, tus kws tshuaj ntsuam nrog Keefe Bruyette & Woods Inc tau hais tias "Peb tuaj yeem saib rov qab ntawm Berkshire cov ntaub ntawv thiab kev lag luam txav thiab cia siab tias yuav muaj qhov cuam tshuam loj heev," said Meyer Shields, tus kws tshuaj ntsuam nrog Keefe Bruyette & Woods Inc. Raws li tus nqi ntsuas rau Berkshire, thiab yog tias phau ntawv tus nqi poob qis, qhov ntawd yuav ua rau cov khoom lag luam zoo li tsis txaus nyiam. "
Kev lag luam turbulence tsis yog lub taub hau xwb. Nrog kev nce nyiaj nce siab, kev poob qis ntawm Berkshire cov kev lag luam kev lag luam hauv thaj chaw suav nrog vaj tse thiab kev tuav pov hwm tsheb - qhov twg kev nce nqi yuav nce tus nqi ntawm kev thov - tuaj yeem tshaj qhov nyiaj tau los ntawm lub tuam txhab lub zog thiab cov tsheb ciav hlau.
Cov tuam txhab tuav pov hwm uas twb tau tshaj tawm cov nyiaj tau los hais tias lawv tau raug cuam tshuam los ntawm cov nqi thiab kev nce nqi, ua rau cov neeg ua lag luam xav paub seb Berkshire cov lag luam zoo li lub tuam txhab tuav pov hwm tsheb Geico, tus thib ob loj tshaj plaws ntiav neeg caij tsheb auto insurance nyob rau hauv Teb Chaws Asmeskas, thiab Gen Re yuav ncaj ncees.
Buffett tau hais ua ntej lub xyoo no tias nws tsis tuaj yeem kwv yees qhov kev nce qib ntawm kev nce nqi nyob rau lub hlis lossis xyoo tom ntej. Tseem, nws tau pom tus nqi nce thoob plaws nws cov lag luam. "Nws swindles yuav luag txhua tus," nws hais txog kev nce nqi thaum lub sijhawm ntawd.
Cathy Seifert, tus kws tshuaj ntsuam nrog CFRA Research tau hais tias "Kev lag luam kev lag luam yog qhov microcosm tiag tiag rau kev lag luam dav," said Cathy Seifert. "Lawv muaj ntau haiv neeg, tab sis dua, kev sib txawv tsis tas yuav thaiv lawv los ntawm kev nce nqi vim tias muaj qee qhov haujlwm uas tsis muaj zog."
Cov txiaj ntsig tau tsaws me ntsis ntau dua peb lub hlis tom qab cov tswv cuab sib sau ua ke hauv Omaha, Nebraska, rau lub tuam txhab thawj lub rooj sib tham txhua xyoo txij li pib muaj kev sib kis. Billionaire investor Buffett siv lub rooj sib tham los tawm tsam qhov kev yuav khoom hnyav uas suav nrog kev yuav lub tuam txhab pov hwm Alleghany Corp., ib qho kev nthuav dav hauv Chevron Corp. thiab koom nrog hauv cov tuam txhab suav nrog HP Inc.
Qhov tshwj xeeb, Berkshire tau nrawm yuav cov khoom lag luam hauv Occidental Petroleum Corp., thiab tam sim no tuav 19.5% ntawm lub tuam txhab hluav taws xob cov khoom lag luam zoo heev. Qhov ntawd tau tsa cov lus nug txog seb Berkshire saib lub zog ruaj khov li lub hom phiaj nrhiav tau, txawm tias qhov kev pom zoo ntawd tsis tshua muaj nyob hauv lub tuam txhab cov txiaj ntsig peb lub hlis twg.
Cole Smead, tus thawj tswj hwm ntawm tuam txhab peev Smead Capital Management tau hais tias "Kuv tsis xav tias koj yuav pom qhov tseeb" ntawm Berkshire lub hom phiaj yog dab tsi.
Nov yog lwm yam los saib lub quarter no:
Kev yuav rov qab
Buffett tau nce qib ntawm kev yuav rov qab Berkshire Tshuag ua ib txoj hauv kev los tso nyiaj los ua haujlwm hauv kev sib tw ua lag luam. Berkshire yuav rov qab tag nrho ntawm $ 27.1 nphom hauv 2021, qib siab tshaj plaws txhua xyoo txij li thaum nws pib aggressively repurchasing Tshuag nyob rau hauv 2018, raws li lub tuam txhab tau tawm tsam kom xa cov nyiaj nyob ze cov ntaub ntawv.
Nws qeeb nws cov yob ntawm kev yuav khoom rov qab rau thawj peb lub hlis twg nrog tsuas yog $ 3.2 nphom. Nrog rau kev ua lag luam tawm ntawm kev sib kis thoob ntiaj teb siab, kev yuav khoom rov qab tuaj yeem ploj mus nrog qhov muaj peev xwm pom tau.
Shields tau hais tias "Koj tuaj yeem pom tej zaum tsawg dua cov khoom rov yuav dua li cov neeg xav tau," Shields tau hais. "Muaj kev siv peev nyiaj ntau dua."
Tshuag Swoon
Buffett nyiam qhov kev sib tw, thiab thaum lub lag luam muaj kev kub ntxhov tuaj yeem tsoo Berkshire cov khoom lag luam, nws kuj tseem tuaj yeem ua pov thawj qhov kev yuav khoom.
Tom qab ntsib cov lus nug los ntawm cov tub ua lag luam txog vim li cas nws tsis coj kom zoo dua ntawm kev poob qis thaum muaj kev sib kis thoob qhov txhia chaw, Buffett tau nce ntau hauv thawj peb lub hlis twg. Nws thiab nws cov neeg sawv cev nqis peev tau mus rau Berkshire qhov kev yuav khoom loj tshaj plaws nyob rau hauv tsawg kawg yog kaum xyoo, hoovering txog $ 41 billion ntawm kev yuav khoom hauv peb lub hlis.
Tam sim no, raws li kev ua tsov ua rog thiab kev nce nqi roj ntxiv rau kev lag luam tsis hloov pauv, ua rau S&P 500 lub quarter tsis zoo hauv ntau tshaj ob xyoos, Buffett tuaj yeem ua rau lub qhov ncauj ntws.
Tsim nyog
Buffett, uas tam sim no muaj hnub nyoog 91 xyoos, tau lees paub xyoo tas los tias Berkshire Tus Lwm Thawj Coj Greg Abel tau teem sijhawm los ua tus thawj coj thaum twg nws tawm mus. Cov kws tshuaj ntsuam xyuas hais tias nws tsis zoo li lub tuam txhab yuav muab cov ntsiab lus ntxiv ntawm cov phiaj xwm ua tiav qib siab tshaj plaws nyob rau lub asthiv, nrog qee qhov kev cia siab tias Buffett lossis nws tus khub lag luam ntev, 98-xyoo-laus Charlie Munger, yuav tawm haujlwm.
Alleghany CEO thiab yav dhau los Berkshire tuav pov hwm tus thawj coj Joe Brandon tuaj yeem tshwm sim los ua qhov kev ua tiav ntawm Ajit Jain, uas yog tus tswj hwm kev tuav pov hwm kev lag luam, raws li Seifert.
"Warren Buffett tseem muaj qhov muag muag rau Joe Brandon. Nws tuav nws siab, "Seifert hais. "Raws li nws hais txog tej zaum tsis yog qhov kev vam meej saum toj kawg nkaus, tab sis ob peb rungs down, muaj qhov tshiab me ntsis wrinkle."
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