Chapter 580 – The Sage of Omaha
It can be said to be a kind of festival.
Buzz, buzz!
The center of Nebraska, USA.
Omaha is a very leisurely city.
It is located in the middle of the United States.
There is nothing particularly famous.
Both as a tourist destination and as a city.
“It’s just a gangchon, a gangchon.”
“It seems like a pretty good city for a small town…”
The actual industry is also centered around agriculture.
It can be said that it is a truly unremarkable place.
‘Except once a year.’
It’s been over a year since the coronavirus spread.
Flight routes between countries are gradually being resolved.
Came here with Sora.
United States.
The world’s financial center.
“This place has nothing to do with finance, does it? The location is far from New York.”
“Look at that poster.”
“?”
Securities companies are established in areas adjacent to the stock exchange.
This is because of the transmission speed.
Daily News− “The speed war brought about by IT development, ‘the only ones laughing are large financial companies'”
It takes 0.07 seconds for an Internet line to come and go.
It has to be shortened even a little.
Why?
The stock exchange gives priority to orders that are as fast as 0.01 seconds.
‘It is especially essential in high-frequency trading.’
In the United States, New York’s Wall Street.
Yeouido in Korea.
This is why securities companies are concentrated in these two places.
“He looks like the KFC grandfather, but it’s different. Is this a character that only exists in the US?”
“It’s a character that represents Omaha. It’s also a person.”
“No way!”
Organizations that do not.
It is not uncommon in the United States.
Because investment does not necessarily have to be fast.
‘Value investment.’
There are many hedge funds pursuing that goal.
It can be seen as a representative case.
“It’s Warren Buffett and Charlie Munger.”
“Berkshire Hathaway, which those two represent, is located here in Omaha.”
“Ah, the Sage of Omaha!”
A neighborhood with nothing special.
A town with absolutely nothing.
It doesn’t feel like a new city in the metropolitan area.
‘If you really want to be honest, it’s a mountainous area in Gangwon-do.’
There is no bus, let alone a subway.
Trains only run once a day.
Kangchon of Kangchon.
Nevertheless, it has a status comparable to that of a large city in Korea.
“The Berkshire Hathaway headquarters is here. The people here must be great, right?”
“That’s right.”
The reason.
It’s a trickle-down effect.
There are also criticisms that it does not exist.
‘It’s more than enough to cover one area.’
Why are local cities so eager to attract companies?
It is a sight that can be easily understood.
Berkshire Hathaway feeds Omaha.
It is natural that it is loved by citizens.
Buzz, buzz!
So much so that it becomes a character in itself.
It’s not just a poster that resembles KFC’s grandfather.
They are even making goods.
Berkshire Hathaway’s subsidiaries.
『CHI Health Center』
It is sold here.
You can see various strange things.
One of them.
Character products resembling Buffett and Munger are major popular items.
“Oppa, you’ve been invited to a lot of places these days. Doesn’t something like that happen?”
“At least they are targeting the region.”
A company is established.
Tourists come.
The money that accumulates creates a new economy.
‘If something comes, there must also go.’
New business in the food market.
We are receiving love calls from many regions.
The purpose is not pure.
In one word, it means asking for money.
There are many parasites trying to suck Muan Sweet Water from companies.
“So that’s why you came all the way here? To see how we can coexist well.”
“There is no such purpose.”
There are more than one or two things to worry about.
Omaha is a success model worthy of reference.
‘But I wonder if he will come to America.’
A business trip after a long time.
There is also a purpose of travel.
Traveling abroad is fun.
Kuweeeeek!
Like a tourist.
Sora is playing with a rubber duck with Buffett’s face.
“Look at this. It makes funny sounds when you knead it!”
“Your breasts say that too.”
“Oh.”
There are not just a few people like that.
The inside of the store is as crowded as a Gangnam shopping center.
It can’t be a common thing.
No matter how popular Buffett is here in Omaha.
‘After all, it’s a quiet neighborhood.’
Poor transportation convenience.
Few outsiders come.
Except once a year.
“Buffett is old too. Now he needs to change his style.”
“What do you know about Buffett?”
“There have always been stories like that. Even 50 years ago!”
Berkshire Hathaway’s general shareholders’ meeting.
This is the only season where people from all over the world come to Omaha.
Tourists.
I’m already getting anxious because I can’t talk.
It is fun to be able to see various types of human groups.
‘Because there are not only people who have invested for 10 or 20 years.’
From the early investors of Berkshire Hathaway to the old people who lived next door to Warren Buffett.
It has a history of over 50 years.
The perspective on the market is bound to be different.
So, if you are an investor, it is a place worth visiting at least once.
“I see!”
“How can a value investing idiot not know that?”
“I’ve been so busy these days that I haven’t had time to think about anything else.”
Sora finally realizes.
It seems that he was so tired of his work life that he thought of it as work.
‘That’s not bad either.’
OL.
There is a sex appeal that comes only when you get used to wearing tight-fitting suits and high heels.
Maturity is flowing.
It smells like a female.
“No matter how you become CEO, what you do is the same.”
“Tell me it’s consistent.”
“Sigh.”
Rats also gain taste.
The suit skirt is tight and narrow at the waist.
‘The performance of the biological Onahole is amazing.’
It is soft yet dense.
When you insert your dick, it melts under the hot pressure.
I want to write it once
It’s like a chimney that wants to pack something rich.
“Where are you from? China? Japan?”
“It’s Korea.”
“Oh! You’re from CW Securities!”
There are many eyes.
It has to be that way.
Not just a souvenir shop.
‘Because it is the process of the general shareholders’ meeting.’
Berkshire Hathaway’s general shareholders’ meeting.
It consists of a total of 2 nights and 3 days.
The first day is Sales.
You literally make money by selling products.
“The products here embody Warren Buffett’s thoughts and philosophy. If you join us, please be sure to purchase them. If you would like to donate, please contact us with your business card.”
The scale.
It can never be ignored.
20-30% of annual sales are made during this period.
‘Because a lot of rich people come.’
There is nothing free in this world!
This is the word most tightly applied in capitalist society.
They are treated like related people.
It is an unspoken pressure to spend that much money.
“I think he will perform well.”
“It’s more than Korea. It’s not less than Korea.”
It’s not just cute dolls.
There are also many expensive arts and crafts.
I bought it roughly.
Something to commemorate the trip to the general shareholders’ meeting.
“I didn’t recognize them because they were foreigners, but I guess a lot of famous investors came too, right?”
“I think there are about 70 people whose faces I recognize.”
“Is it that bad?!”
It is such an important event.
Investors from all over the world are interested.
Some even come directly.
This is an opportunity to get a glimpse of Warren Buffett’s investment perspective.
‘It seems less frequent these days.’
There is nothing permanent in this world.
And there will always be doubt.
Isn’t this coming to an end?
There are rumors that he is not the same as he used to be.
─Berkshire Hathaway recorded its worst returns in 2020
[Berkshire Hathaway annual returns. Jpg]
2020 was the best year for stock investors
Nasdaq and S&P 500 broke new highs
Emerging markets have been the hottest over the past decade
Warren Buffett didn’t swing the bat at all in this bull market
His return in 2020 was only 2.4%
└The legend of Warren Buffett has come to an end
└Who calls him the best investor?
└Over the past 15 years, Berkshire’s returns have been lower than the market returns. He is old
└I started last year and also exceeded 20% lol
It is worth it.
2020.
It was a difficult year for stock investors to make money.
It was done.
Warren Buffett’s Berkshire Hathaway saw little profit.
“Really?”
“Did the nutrients really go to your heart?”
“No, I was busy and didn’t suspect anything in the first place…”
You may not know.
However, there is no place as different as yesterday and today as in the world of investment.
‘Because the last 10 years have been such a crazy market.’
It has only been going up since 2008.
Warren Buffett’s investments were stable, but not active.
Corona bubble.
I was so frightened by the crazy rise in the asset market that I even stopped investing.
“So you guys were fighting about whether Buffett was old or not?”
“Okay.”
That’s what investing is like.
Even if you make relatively little money, you are considered defeated.
Especially considering Warren Buffett’s reputation.
It is a hot topic among American investors.
‘It’s very hot.’
This year’s general shareholders’ meeting has a very different atmosphere from previous ones.
There is public opinion of criticism.
Berkshire Hathaway’s shareholders were angry.
It’s like just sucking your fingers during the coronavirus bubble.
“The fun thing about the general shareholders’ meeting is that you can see that again. Buffett and Munger personally take questions from investors.”
“Oh…”
“If you have anything you want to ask, think about it.”
“Will I also get a chance?”
That’s why it’s more fun.
No one else but Warren Buffett.
I wonder why the investment was put on hold.
Sora, who started investing with the dream of value investing, is one of them.
I wait for tomorrow with a serious face.
‘I hope Warren Buffett is not wrong and there is a reason.’
His fan base.
But if there are fans, there are also haters.
People who believe that Warren Buffett has become obsolete.
It satisfies that need.
I make people aware.
It will be a perfect stage for their American debut.
