As the global markets have teased, US President Donald Trump’s cleaning tariffs in 184 countries, Ace investor Warren Buffett came out unconditional and rich. According to Bloomberg Billionaires IndexAnd the Buffet was the only billionaire among the 10 richest people in the world, while Elon Mushk, Jeff Betos and Mark Uck, saw their wealth great strikes.
US Markets drive US markets to US markets on Wednesday 2020. It marked 536 billion dollars in the latest 500 richest history.
Not only did Buffett, who leads Berkshire Hatavay, not only did not escape the massacre, but also gained from it. He collected $ 12.7 billion, bringing his net value to $ 155 billion, contacting Bill Gates.
So what is Warren Buffett’s games? In 2024 he sold shares of $ 134 billion and moved to a record $ 334 billion in cash, mainly in short-term US treasury payments. This protected the Berkshire when the markets collided.
One of his bold steps was two-thirds cutting Berkshir’s apple department two-thirds, until the shares fell 28 percent, damaged his China due to Trump tariffs. He also cut off positions in the Bank of America and Citigroup, more than 20 percent of this year.
During the month of February, the buffet hinted coming. “We helped a predictable great interest in investment income,” he wrote FortuneAnd by saying that the growing yield on T-Bills was a safer alternative for overqualifications.
Now the shares of Berkshire Hatava are 9% per annum, despite the fear of raising the Trump tariff trade war and to provoke one of the worst days for global wealth. The main investment of the company is located in railways, energy and insurance.
In the conditions of economic uprising, reports that Buffett approved Trump’s tariff policy. Berkshire Hatavan denied these claims saying that all such reports were false Reuters:A number of Mr. Buffett said that he did not comment on tariffs and refrained from Berkshire’s annual shareholder on May 3.
