Sunday, May 1, 2016

Buffett’s investment-Show: “Stay away from advisers” – tagesschau.de

shareholder meeting of shareholding company Berkshire Hathaway by US Billionaire Buffett regarded as “Woodstock of Capitalism”. Thousands of spectators hanging again this year on the lips of the 85-year-olds. For many gave Buffett more than just financial advice.

From Sabrina Fritz, ARD studio Washington

The Scene is a bit strange. There sit two old men on a stage, with 30.000 spectators hanging on her every word. It offers not only advice on how best to invest their money – the question hour of the two billionaires has something public from a life advice: “For me the message, do things not too complicated, keep it simple,” said a young shareholder.

Do not be afraid Trump

have six hours Warren Buffett (85) and his vice, (92) Charlie Munger shareholders their equity firm Berkshire Hathaway replying to. As the company has developed, what they think of renewable energy, and then the question came to Donald Trump: “If Donald Trump President would and they support Hillary Clinton, what would that mean for your company?” That is not the biggest problem in this decision, said billionaire Buffett. “If Trump or Clinton become president, it is Berkshire Hathaway go well. One of them is there, which is very likely,” said the financial oracle. And also the other US companies could Trump does not really hurt.

For three days, the shareholders of his company gather every year in Omaha, Nebraska. the climax is the question-and-answer session. For the first time, the annual General Meeting this year was shown live on the Internet. the resulted in slightly less visitors came than usual.

2015 was a tough year for shareholders, the stock of Berkshire Hathaway lost 15 percent. It is more than $ 220,000 after all the most expensive investment in the world. a loss of 15 percent means already the equivalent of a new car. But this year an improvement is expected.

third richest man in the world

Buffett pursues a very conservative investment strategy for decades – traditional American equities. This has made him the third richest man in the world and of this recipe would like to take a copy home with shareholders.

In the surrounding bars it comes to how at a birthday party. Investment tips are exchanged, rumors are doing the rounds, Buffett would like to buy more German companies. A remarkable number of Chinese came to Nebraska, for them it leaves the AGM in Mandarin dictionary. it gives you even more on the way: “you support from advisers away!”

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