Chapter 582 – The Sage of Omaha
It is a day that attracts the attention of investors around the world.
〔Reddit − Stock〕
─Berkshire Hathaway’s general shareholders’ meeting ended early
─KFC Man’s argument is similar to public opinion on Reddit
─A shareholder suggested a new mascot for KFC to Warren Buffett
─Berkshire Hathaway’s general shareholders’ meeting is special
．
．
．
Berkshire Hathaway’s general shareholders’ meeting.
It is not simply a day to decide important matters for the company.
It contains a special meaning.
Warren Buffett directly answers investors’ questions.
─Berkshire Hathaway’s general shareholders’ meeting is special
Warren Buffett will conduct a marathon Q&A over the morning and afternoon
It may be the answer to global macros
Also includes surprise announcement of new stocks to buy
What can we expect from this year’s general shareholders’ meeting?
└I waited for today!
└Has Warren Buffett changed his view on growth stocks?
└So I bought 1 share of Berkshire Hathaway B
└He is not the same as before. But it’s still Warren Buffett
Warren Buffett.
This is the first name that investors, even North Korean spies, will learn.
He will answer directly?
Even my insignificant question?
I can’t help but be interested.
〈I’m looking forward to what the great Warren Buffett will say.〉
〈The market is full of greed. The day has finally come for value investment to shine! 〉
There is also a hidden computational meaning.
This is to increase investors’ trust in the company.
Warren Buffett and Charlie Munger are still going strong.
We can provide an answer to any question.
─A shareholder suggested a new mascot for KFC to Warren Buffett
“Warren Buffett is old and should fry chicken at KFC”
His subsequent remark about the mascot drew laughter
└There is a possibility if Buffett grows a beard
└Warren Buffett replaces Harland Sanders 😀
└Should I buy KFC stock?
└Warren Buffett eats McDonald’s every morning lol
That’s why there are incidents and accidents that occur.
Only normal questions are not asked.
Aggression.
Some people want to challenge world-class investors.
〈 It was a golden fishing ground with the greatest amount of money in history. Not being able to see the flow proves that your perspective is old.〉
Catching it is also something to see.
Sometimes it’s witty, sometimes it’s serious.
─KFC Man’s argument is similar to public opinion on Reddit
Warren Buffett is a master of value investing and the best investor in the analog era
He made a lot of money by buying undervalued stocks, following the wishes of his mentor, Benjamin Graham.
His investment company’s Buffett Index and financial statement analysis and support
But how has the past year been?
In the stock market, historical indicators did not work
Don’t forget that Berkshire Hathaway’s low returns in 2020 are the result of blind faith in the past
└Do you trust KFC men more than Buffett?
└I support his argument. At least I won’t invest in Berkshire Hathaway
└Buffett must change
└He is on Reddit
Prick the painful area.
The low rate of return in 2020 is an unavoidable mistake.
However, it is only a short-term shaking.
I expected a refreshing rebuttal from Warren Buffett.
〈Wouldn’t swinging the ball now be repeating the mistake we made in Korea in 2007? 〉
Continued words.
The complexion hardens rapidly.
On-site investors cannot help but be confused.
This is a story that only Koreans know.
The investment mistake Buffett made in Korea.
〈The current stock market is very similar to Korea at the time. Stock prices fluctuate due to investor sentiment and institutional greed. Only those who read the flow and invest first can become winners. I am asking whether you are making the same mistake now and whether you will end up washing dishes again.〉
Warren Buffett.
Cost of investment.
I can’t believe he failed.
If the situation was the same as usual.
This is a situation where trust in him is shaking.
─Berkshire Hathaway’s general shareholders’ meeting ended early
The remarks of a man who identified himself as Lee Chan-wook changed the atmosphere of the chairman.
Warren Buffett made a serious face
He left the venue with Charlie Munger
The general shareholders’ meeting scheduled for the afternoon has been canceled, and many shareholders are disappointed.
└Buffett got a new investment idea!
└Shareholders will soon be able to see a new chicken franchise 🙂
└Korea’s story shook Buffett’s heart
└Should I buy KFC stock?
In the meantime, it exploded.
An unprecedented situation occurs where the general shareholders’ meeting is suspended.
The reason.
Although no official statement has been made, it is inevitable that it will become a hot topic.
─Buffett decided to invest in Korea in 2004
[KOSPI monthly chart. Jpg]
However, Korea’s stock market was different from Buffett’s investment philosophy
Like the current ‘meme stock’, it repeatedly fluctuated without reason
Without being able to sell stocks at the peak in 2007
I decided to sell in 2014
It achieved a profit of 113%, but the price is more than twice lower than the highest point.
Afterward, Buffett showed a negative attitude towards Korean investment
└That’s an amazing return! If it weren’t for Buffett
└113% over 10 years is not a large return
└Interesting information
└What kind of country is Korea where even Buffett fails?
Warren Buffett.
His investment failure.
This is a very provocative keyword.
There is plenty of firewood for investors to burn.
Also, a perspective on the current market.
─Korea’s stock market is surprisingly similar to the current U.S.
Meme stocks that are booming after GameStop
This is routine in the Korean stock market
Korean investors only buy and sell stocks based on rumors, not the value of the company
This is believed to be the reason Warren Buffett has a serious face
└Are Korean investors gamblers?
└My conviction that the current market is a bubble has become stronger
└2007 was the peak in Korea luuuuul
└If this is true, Buffett’s investment could be a mistake
It was not simple trolling (aggro users).
An issue that even Buffett would take seriously.
It is natural for the topic to spread.
The same goes for Korean investor Lee Chan-wook.
〔Korea Stock Gallery〕
─There is no operational leader in the United States?
─Summary of profit and loss remarks from Reddit. Txt
─The Yankees are really going crazy haha
─Now, due to the profit and loss balance, U.S. State galleries are turning upside down
．
．
．
Such a situation.
It also becomes known in Korea.
What happened at Berkshire Hathaway’s shareholders’ meeting.
─Now, due to the profit and loss balance, U.S. State galleries are turning upside down
[Reddit stock bulletin board capture. Jpg]
Attending the Berkshire Hathaway shareholder meeting
I guess they bet on Buffett for real life
But I won
└Lee Waejin?
└How did you win ^^ㅣBalyeon ㄴah
└No, the CEO of the company is acting like a stockholder lol.
└That bastard is Lucky Joogalem
It is also famous in Korea.
Warren Buffett.
And profit and loss account.
A war of nerves broke out between the two.
On the surface, it can be interpreted that way.
─The Yankees are really going crazy haha
What P&L said to Buffett
Became a hot topic among American residents
I’m looking for Koreans to ask what it means to use Korean idioms (neolttwigi, dishwashing)
└Does it really seems to have an impact?
└Has Buffett admitted defeat?
└Bring more
└I can teach you how to wash dishes ㅇㅇ;
Fight.
It’s the most fun thing to see.
This is even more true in the world of investment.
Who is the winner?
It’s not just a mental victory.
You can actually win money.
─Summary of profit and loss remarks from Reddit. Txt
1. Why can’t I get out of the fire?
2. Why buy stocks late?
3. The current market is similar to Korea in 2007, but aren’t we making the same mistakes as then?
In addition, since he is old, he pours out brilliant sayings such as, “Go to KFC and get some fried chicken.”
└Summary
└The fact that KFC asked for a new mascot was awesome haha
└Treating Buffett like trash
└But I am qualified to talk about profit and loss balance
A perspective on investment.
He is currently considered the first investor in Korea.
No, it deserves recognition in the United States as well.
It may have been the starting point.
─There is no operational leader in the United States?
One miscellaneous liquor like Korea
Aren’t the powers that be concentrating and shooting?
└I can’t. I was caught right away
└It may exist, but it won’t be at the level where it is taken for granted like in Korea
└This is a phenomenon that occurred after GameStop
└No operator? What fun do you have in stocks?
Tilted playground.
Making money through investment in Korea is close to impossible.
It was achieved.
We even succeeded in standing tall as an institution, not as an individual.
─Based on the current form, profit and loss is 〉〉, isn’t it Buffett?
[Berkshire Hathaway return article. News]
Even though I’ve made good money so far
By recent standards, it’s trash
I also understand the profit and loss balance being discussed.
└ 2.4% in Coronajang?
└Buffett was harder than I thought
└If only Buffett had started in Korea, the can would have been full
└Success in the shipbuilding yard itself is proof of great profit and loss ability
Public opinion.
There is no one-sided composition.
He achieved achievements comparable to that of a legendary investor.
There is an expectation that we may achieve more than that.
It’s not a joke among Korean investors.
─Americans have also started to suck at profit and loss accounts
[Reddit stock bulletin board capture. Jpg]
Not long ago, when Lupine was listed in the U.S.
I guess famous American investors sucked at Lupine and hit the peak
I’m sucking at the profit and loss account from the sale at the highest point, saying it’s great
This incident is attracting attention
└I had nothing to wash, so I washed Lupine haha
└K-Stock is spicy, you bastard Yankees
└I thought I would go further, but my profit and loss judgment is poor
└Will they even conquer the United States?
A phenomenon is beginning in the United States as well.
