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Lucknow Investment:Berkshire Hathaway: Buffett, the main battlefield of the United States, considers investing in Canada

 2024-10-27  Read 19  Comment 0

Abstract: [Buffett: The United States is still the main investment battlefield, Canada may become the next focus] On the evening of May 4th, the global Berkshire shareholders' meeting was held as scheduled.During the Q & A session, the investment master

Berkshire Hathaway: Buffett, the main battlefield of the United States, considers investing in Canada

[Buffett: The United States is still the main investment battlefield, Canada may become the next focus]

On the evening of May 4th, the global Berkshire shareholders' meeting was held as scheduled.During the Q & A session, the investment master, known as the "Prophet Omaha", showed a cautious attitude towards the investment market outside the United States, and at the same time expressed a strong interest in the investment potential of the Canadian market.

First of all, Buffett made it clear that although many shareholders asked about the intention of investing in China, India, and Investment, he would still focus on the US marketLucknow Investment. Because of lack of understanding of other markets, large -scale investment will not be made outside the United States for the time being.He emphasized: "Our main investment target will be located in the United States, this is what we firmly believe ... I understand the rules, weaknesses and advantages of the United StatesKanpur Stock. I don't have this feeling in other parts of the world."

Buffett further explained that Berkshire is more inclined to invest in companies with global business, such as Coca -Cola or American Express. These companies expand their business globally, and such companies are rare globally.In addition, he mentioned that although Berkshire's investment in (002594) is similar to investment in Japan, there is no further overseas investment plan.

When talking about India, Buffett said that despite the rich market opportunities in India, Berkshire's understanding of the Indian market is not deep enough, and it is not sure whether it can accurately seize investment opportunities.He frankly said: "We invest in Japan very well, and there may be such opportunities in India. But whether Japan and India are the same, especially in terms of cultural differences, there may be some differences."Chennai Investment

However, the situation in Canada seems to be different.Buffett pointed out that because Canada and the United States have many similarities in their business, Berkshire has no discomfort about investing in Canada, and even paying attention to a potential goal.He added: "There are many countries we don't know," but Canada is a major economy operating, which is "great for Berkshire.

Buffett did not disclose the specific Canadian investment goal, nor did it explain whether it was a listed company or a private company.He only said that "Canada is not as big as the United States", but Berkshire can do something well in Canada, and Canada can also benefit from Berkshire's participation.Udabur Investment

Overall, Buffett passed a clear information at the shareholders' meeting: the United States is still Berkshire's main investment battlefield, and Canada may become the next focus.Although it is the key to understanding and grasping other markets such as India, such as India.Buffett's investment attitude and strategy will undoubtedly have an important impact on global investors.Hyderabad Wealth Management


Bangalore Stock Exchange

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