🚨 Buffett: No Need to Panic About Market Declines, Long-Termism is Key 🚨
Buffett shared his views at the shareholder meeting, emphasizing that market fluctuations are merely short-term phenomena, and true investors should focus on the long-term value of companies. Here are his three core points:
1️⃣ No Tricks with Financial Reports: Berkshire will not adjust its strategies to embellish performance; it has cash reserves exceeding $347 billion, patiently waiting for real investment opportunities.
2️⃣ Dollar Risk Warning: The U.S. fiscal deficit model is unsustainable, and the risk of currency depreciation is increasing, but many countries around the world face similar issues.
3️⃣ Long-Termism Will Prevail: Buffett reiterated that "time is a friend of good companies," advising investors to heavily invest in companies with a strong competitive edge (such as Apple and Coca-Cola) rather than chasing short-term fluctuations.
"When others are fearful, I am calculating the value of companies." Buffett demonstrates through action that a decline is not a crisis, but a litmus test for the investment system.