Why did Buffett mention China 38 times at the shareholders meeting?

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 Why did Buffett mention China 38 times at the shareholders meeting?


The just concluded Buffett shareholders meeting in 2018 attracted more than 50 thousand people in the world, of whom nearly 1/4 came from China. For this purpose, the simultaneous interpretation service of Putonghua is also provided at the conference site, and Chinese is the only foreign language in addition to English. More importantly, the word China has been mentioned frequently throughout the conference. In the record of up to 5 million words, China has been mentioned 38 times. Speaking of Sino US trade, Buffett said that two of the smartest countries in the world would never do stupid things; talking about investment options, Buffett revealed that new prey had been found in China; and talking about future markets, Buffett said Chinas economic development was a miracle, and A shares had many opportunities. In addition to Chinas concern, investors from China prefer to see Buffetts latest ideas and investment ideas here. Buffetts investment logic At this years shareholders meeting, Buffett disclosed two logic of his investment. In the face of questions about how to invest, Buffett replied: if I have $100 million, I might invest in the same market in the US economy, because there may be more opportunities there, and Ill find this opportunity first and then find a better margin than other companies. In Buffetts opinion, when choosing the investment target, the scale and Geography (country) should be considered first, followed by the profitability of the investment target. He stressed that it is difficult to find high quality investment targets in small markets, and China has a young and huge market, and the age of the market is proportional to the efficient growth of the market, and there are many opportunities in the future. Buffett even praised highly that Chinas economic progress in the past decades was a miracle. He firmly believes in Chinas stock market, saying that Chinas stock market will outperform US stocks and has revealed that it has already found some prey in China. Facts have proved that Buffetts investment in Chinas stock market has achieved good returns. The investment is only 200 million, but it takes 1 billion to come back. Buffetts old partner, Munger, jokes that Buffett is doing too badly. In a letter to shareholders in 2018, Buffett disclosed that after buying in 1988, Coca-Cola had been firmly holding Coca-Cola with a cost of $1 billion 299 million, and the return on investment was up to 1312.78% by the end of 2017. Yang Delong, the chief economist of the Qianhai open source fund, said that, no matter which shareholders meeting, Buffett would be tired of telling people about the value investment concept, which is the same. Last year, he said that the only reason he chose to buy a bid was that he had strong competitiveness. The transformation of Buffett From the initial investment in Coca-Cola, leather shoes factory, to the American Express credit card, a large amount of money was injected into the transportation industry such as railway, aviation, gas station and other high-tech companies, such as the test water apple and so on. More than 80 of Buffett began to reflect on it. At last years shareholders meeting, Buffett had a deep reflection on the idea of investing in a few decades without touching the technology stock, thinking it missed a lot of investment opportunities because of his stubborn stubbornness. In July 2017, Buffett Staw L did not buy Alibaba, which is a mistake. I made the same mistake with Amazons Bezos. By the end of 2017, Berkshire raised its shareholding value to $28 billion, surpassing Wells Fargo. Apple has become one of the number one shares held by Buffett. In the first quarter of this year, Buffett spent another 75 million shares of apple stock. Obviously, Buffett has realized the importance of technology enterprises. Yu Fenghui, a financial commentator, bluntly said that even Buffett, the stock god, is changing. Why should investors remain unchanged? Yu Fenghui believes that investors should gradually shift their horizons from overly focused traditional value investment ideas to more emerging growth oriented investment targets, and capture investment prey in the fields of mobile Internet, large data, cloud computing, artificial intelligence, and autopilot technology. But for the now hot digital encryption currency, Buffett said at the shareholders meeting that the encrypted currency is an asset without productivity. He has also publicly said it is almost sure that the encrypted digital currency will eventually die. The trend to encrypt digital currencies now is going to have a very tragic end. Source: China News Net editor: Han Jiapeng _NN9841 Obviously, Buffett has realized the importance of technology enterprises. Yu Fenghui, a financial commentator, bluntly said that even Buffett, the stock god, is changing. Why should investors remain unchanged? Yu Fenghui believes that investors should gradually shift their horizons from overly focused traditional value investment ideas to more emerging growth oriented investment targets, and capture investment prey in the fields of mobile Internet, large data, cloud computing, artificial intelligence, and autopilot technology. But for the now hot digital encryption currency, Buffett said at the shareholders meeting that the encrypted currency is an asset without productivity. He has also publicly said it is almost sure that the encrypted digital currency will eventually die. The trend to encrypt digital currencies now is going to have a very tragic end.