Ya kamata masu saka jari a hannun jari yakamata su guji kasuwar bond, ya rubuta a cikin wani wasika shekara-shekara zuwa hannun jari ga Warren Buffett. "Masu saka jari a kasuwanni don kayan shiga tare da tsayayyen shiga duniya, ko kudaden fensho, kamfanoni suna jiran makomar daddare," Kamfanonin Inshora na Berkshire Hathaway. - Mahalarta kasuwar, duka kan dalilai na tsara abubuwa kuma daga ra'ayin da aka yi game da kimantawa na bashi, ya kamata ya kula da shaidu. Amma kasuwar Bond ba shine wurin da kake buƙatar zama a yau ba. "
Bayan ganawar shekara-shekara na Berkshire Hataysers Berkshire Haways a farkon Mayay 2020, Guru na hannun jari don lokacin pandmical kusan ba ya yin kalaman jama'a. A cikin wasiƙarsa ta shekara, wanda ke rakiyar yada rahoton rahoton na shekara-shekara na kamfanin, ya yi sharhi a kan wannan makonni, ya raba ra'ayinsa a kan cin nasarar tattalin arzikin Amurka da bayani, me yasa Hathaway ta Amurka Ya kashe kusan dala biliyan 25 don fansar hannun jari a bara.
Riba na bangarorin kasashe masu tasowa sun karu sosai a makon da ya gabata sakamakon wani siyarwa ne, wanda ya damu da mahalarta kasuwannin kasuwannin duniya. Yawan yawan adadin mai shekaru 10 na Amurka, wanda a farkon shekarar ya kasance kashi 0.9%, a ƙarshen wannan makon ya tashi zuwa 1.415%. Masu saka jari sun fita daga kayan aikin lafiya, suna jiran haɓaka tattalin arziƙi. Fiye da kyakkyawan fataucin tattalin arziƙi kuma yana tsokani tsammanin hanzarta hauhawar farashin kaya da kuma bita ta tsarin kuɗi na Ulbas a cikin bankunan tsakiya.
Yawancin masu saka hannun jari barin jihar jihar sun maye gurbinsu a cikin sassan su sun fi karancin darajar kuɗi. "Wasu inshora, da sauran masu saka hannun jari a cikin shaidu, na iya kokarin matsi a kalla kudin shiga wanda yake a kasuwa wanda yake a cikin wajibai a cikin wajibai na masu ba da bashi. Koyaya, rancen haɗari ba amsa bane ga ƙarancin kuɗi, "gargadi mai gargadi. "Umarni Uku da suka gabata, da zarar kungiyoyin da karfi na bada lamuni suka kawowa kansa hukuncin kisa, har da saboda bai yi watsi da wannan iyakar ba," tunatar da hannun jari.
Rikicin Loans-Savings ƙungiyoyi ↓
Ɓoye
↑
Saboda tursasawa a shekarun 1970s. da kuma tayar da kudin hukuma a farkon 1980s. Kudin ajiya a cikin ƙungiyoyi na tanadin Amurka suna ƙaruwa sosai. Kudaden da suka samu ci gaba da karba daga rancen bashin bowgangage wanda aka bayar a baya a kafaffun ragi. Yawancin ƙungiyoyi da gaske sun zama rashin iyaka, sun yi ƙoƙarin shiga cikin haɗari don haɓaka ayyukan su. Bayan rikicin cikakken sikelin daga 1986 zuwa 1995. Fiye da 1000 na ƙungiyoyi 3234 an cire su.
Berkshire Hataway kanta babban mahalarta ne a cikin kayan aikin kayan aikin da aka gyara - ta hanyoyi da yawa saboda yana buƙatar ci gaba da dala biliyan 138.3 kusan dala biliyan 118,000 kusan dala biliyan 118.3 -Yaya takarda - Lissafin kuɗi sannan, a cikin ƙarin dala biliyan 3.4 kawai. Kamfanin dan kadan ya rage hannun jarinsa a cikin IV Congter.
Buffett a baya ya karanta akai-akai cewa ba zai iya samun babban manufa mai kyau ba don sha. Don haka, Berkshire Hathaway Cashe tsabar kudi ci gaba, kuma wannan ba ya son masu saka jari. A cikin shekaru biyu da suka gabata, hannun jari suna lagging a baya na S & P 500, kuma a cikin 2020 sun tashi daga kashi 2.4%, da kuma index 16.3%.
A cikin shekarar da ta gabata, Berkshire Haway ya kashe dala biliyan 24.7 akan fansar hannun jari, kuma sayayya na biliyan 8). Buffett ya bayyana musu kamar wannan: Tare da abokin tarayya Charlie Mer, ya "yanke shawara cewa za su ci gaba da amfani da kayan aiki don amfani da kowane damar ko warware matsaloli ko warware matsaloli idan sun tashi. "
"Fakitaccen hannun jari ya kasance a tsakiyar hankalin duniya kuma yana da yawa sosai," in ji Jim Shanirhan, wanda Edward Jim Shanststst. A cewarsa, wannan shekarar kamfanin ya sayi hannun jari ta wani dala biliyan 4.5.
Ci gaban kasuwar hannun jari yana nufin cewa yiwuwar Buffett don sha zai kasance da iyaka. Mafi yawan waɗannan kasuwancin da gaske ba su da sha'awar wanda wani ya siyar da su, "in ji Buffett. Saboda haka, shi da meranger sun biya hankali ga fayil ɗin hannun jari, girman wanda a cikin 2020 biliyan. Berkshire Haimay ya sayi hannun jari na dala biliyan 8.6 da Chollron - dala biliyan 4.1 (hannun jari Kamfanin Man ya faɗi sosai yayin rikicin, shi, ba kamar Mobil, ya riƙe ingantaccen tsabar kuɗi na kuɗi kyauta ba a 2020). Halin Berkshire Hathaway ya rage ɗaukakawa a cikin mafi girman hannun jari mafi girma - Apple (kunshin ya kashe dala biliyan 118 a karshen shekara).
"Ya kasance mai ban tsoro kan batun [sayan] kuma har yanzu yana da horo a cikin kimar darajar - Comments Sanya. - Sakamakon haka, ya rasa wasu damar. "
Buffett ya tabbatar da amincewarsa a cikin wasikar da ke tsammanin tattalin arzikin Amurka, in ji masu hannun jari cewa kasar "ya ci gaba" da kuma cewa "ba zai bukatar wasa da Amurka ba."
"A takaice shekaru 232 na kasancewarta babu wani mai ba da shawara ga bayyanar da damar mutum a matsayin Amurka. Duk da wasu gagarumin hutu, ci gaban tattalin arzikin mu kawai abin mamaki ne. "Berkshire Hathaway, wanda ya mallaki kamfanonin da ke da kuzari a sassa daban-daban na ayyukan makamashi, da kuma aiwatar da aikin dala biliyan da yawa don sabunta layin wutar lantarki. "Kamfanoni na lantarki a kasarmu suna buƙatar manyan siket ɗin, jimlar amfanin da zai zama babbar," Buffett ya rubuta.
A cikin Iv Rounder, Berkshire Hathaway Seto riba (gami da kudin shiga da ba a sani ba daga hannun jari) ya karu da kusan 14% zuwa dala biliyan 520 ga cikakken 2020 g . Kudin aiki ya ragu da kashi 9% zuwa dala biliyan 21.9.
Translated mikhail overchenko