Berkshire's meeting: Take money lessons from Buffett
Warren Buffett plans to hold his 21st, and final, charity lunch.
The lunch might not interest you, but Berkshire Hathaway's shareholder meeting is a good chance to get some instructive advice from legends, right?
[ What's new ]
The 2022 Berkshire Hathaway annual shareholders meeting will be held on this Saturday, April 30.
This could be one of the last times that the pair (Buffett, 91, and Munger, 98) share the stage.
Don't miss the time to take a look at $Berkshire Hathaway-A(BRK.A.US$'s performance.
You can "Book" the event on moomoo, tab here.
Buffett has been seemingly losing his wide spread recognition over the last few years. What's your opinion?
[ The incredible success of Warren Buffett ]
A few days ago, after Elon Musk tender offer to take over $Twitter (Delisted)(TWTR.US$ was finally accepted. The CEO of $Tesla(TSLA.US$announced a new target: $Coca-Cola(KO.US$ .
Even if this is a joke, $Coca-Cola(KO.US$ , a mainstay in Warren Buffett's Berkshire Hathaway holding company for a long time, deserves to catch attention.
Buffett, who is the largest shareowner of the company, bought into $Coca-Cola(KO.US$ when it was worth next to nothing in the wake of the 1987 stock market crash. The purchase was considered risky, especially because it was not a typical Berkshire investment.
But he has profited handsomely over the years and has stated he will never sell a share of coke stock.
Coca-Cola's share price has been moving higher this year, it reported first quarter earnings and sales on April 25 that easily topped forecasts:
*Sales surged 16% to $10.5 billion, beating Wall Street's expectations of $9.8 billion.
*Profits of $2.8 billion, or 64 cents a share, rose 24% from a year ago — surpassing consensus estimates of 58 cents a share.
*Profits of $2.8 billion, or 64 cents a share, rose 24% from a year ago — surpassing consensus estimates of 58 cents a share.
[ A lesson for new investors ]
Wondering what to buy? Why not take cues from investing legends?
Instead of stock picking, Buffett suggested investing in a low-cost index fund.
Stock-picking is more difficult than it may seem, "I recommend theS&P 500index fund," Buffett said.
The S&P 500, which holds 500 of the largest companies in the U.S., from $Alphabet-C(GOOG.US$ to Disney to ExxonMobil.
The S&P 500, which holds 500 of the largest companies in the U.S., from $Alphabet-C(GOOG.US$ to Disney to ExxonMobil.
How to own a bunch of different companies like $S&P 500 Index(.SPX.US$ fund? Exchange-traded-funds effectively doing that work for you.
Go to the Market page and tap on US. You will see the ETF. Numerous ETFs are categorized into several sections.
Here is the GIF guide.
Tab to see "What is an ETF?" and "the difference between mutual Funds and ETFs"
Here is the GIF guide.
Tab to see "What is an ETF?" and "the difference between mutual Funds and ETFs"
Note: There are a number of things to think about before you choose any investment.
Tab to know more about mutual funds.
Tab to know more about mutual funds.
Why not listen to the clinic on picking stocks at Berkshire Hathaway's annual meeting (if have)?
Before you enjoy the meeting, you can read the last annual letter here, it is instructive for any investor following any style.
For more investment knowledge and trends, go to Learn on moomoo.
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Giovanni Ayala : Very Reserved
忍输认真感恩哈啊哈 :