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Buffett faced a soul-searching question from a Chinese investor: why does he enjoy "trading Stocks" instead of buying a few more houses?
On the evening of May 3rd, Beijing time, the Berkshire Hathaway Shareholders' Meeting was grandly held. An investor from China, currently working in Toronto, Canada, asked Buffett why he preferred to buy Stocks rather than more Property, as Chinese families have a deep affection for Real Estate. In response, Buffett explained that Real Estate involves more Trade negotiations, time investment, and multiple interests. "Typically, when the Real Estate market is in trouble, you'll find that it's not just the property holders you have to deal with," he said, "often Stocks are cheaper and easier to handle." Buffett also mentioned his old friend Munger, "If a 21-year-old Munger were to make a choice—"
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Express News | In pre-market trading, U.S. cryptocurrency stocks are down, with TeraWulf falling over 3%, Strategy dropping over 2%; Berkshire Hathaway-B falls over 2% as Warren Buffett is set to step down as CEO by the end of 2025.
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On-site coverage|After the Berkshire Hathaway Shareholder meeting, habits remain unchanged as a Sina Finance correspondent encounters the "Oracle of Omaha" on his way home.
(Sina Finance captured in Omaha)(Sina Finance captured in Omaha) On May 4, 2025, the day after the Berkshire Hathaway Inc. Shareholders Meeting, Sina Finance's correspondent unexpectedly encountered Warren Buffett returning to his residence in Omaha. In the video, Zhao Jing, the chairman of the Global Corporate Social Responsibility Fund, who is conducting a business visit locally, runs into Buffett on the street and warmly waves and greets him. Zhao Jing mentioned that she had taken a photo with Buffett eight years ago. Over the years, she has been dedicated to promoting the ideology of value investing and facilitating international exchanges. She expressed, "Years of attending the conference have allowed me to deeply experience the connections built on trust."
Express News | Berkshire Hathaway -2% Overnight as Buffett Set to Step Down as CEO. Some U.S.-listed Chinese Stocks Rise, WeRide Gains 8%, Pony AI Adds 6%
Video | Buffett announces his resignation against the backdrop of a sunset on the streets of Omaha.
On May 4th, local time in the USA, at dusk on the streets of Omaha, Zhao Jing, the chairman of the Global Corporate Social Responsibility Fund, ran into Buffett and greeted him. One day earlier, Buffett unexpectedly announced at the Berkshire Shareholder Meeting that he would step down as CEO of the company by the end of the year. (Video source: Zhao Jing, chairman of the Global Corporate Social Responsibility Fund.)
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