Jie Mi Buffett's 2009 investment in road map to see how to invest in 2010

Jie Mi Buffett's 2009 investment in road map to see how to invest in 2010
At 08:12 on January 7, 2010 Source: http://www.maozdong.com


The company's underperformance, No. 2: To increase the market value of the profit space narrowing Page 3: Buffett's investment in October 2009 circuit diagram on page 4: Institutional investors note Buffett's idea of hard copy
God is known as shares, said Buffett, whose investment philosophy has always pursued the value of the bull market is not always successful. In 2009, Buffett's investment income on the record the worst record over the past decade. A strong rise in the broader market situation, adherence to value investing, long-term investments may underperform broader market. Analysts believe that the insistence on the value of investments are concerned, Buffett lost last year's tape running normal, because Buffett's investment in the long term rather than short-term win. At the same time, analysts also believe that with the market value of bigger and bigger, Buffett is difficult to reproduce in the future or the past, the glorious history of substantial growth.

The company's underperformance,

Warren Buffett's Berkshire Hathaway's shares trade on the NYSE last year, rose only 2.7%, lower than the same period the S & P 500 index rose 23%, the highest since 1999, the worst performance. Even under Buffett's preferred measure of "per-share book value" calculation, his investment performance and the S & P 500 index to compare the performance of the post is also a decline. Among the past 22 years, as many as 15 years of Berkshire Hathaway stock outperformed the S & P 500 Index.

In fact, in 2008, when the global financial crisis hit, Warren Buffett's life is not better. Buffett's investment income on the year fell 62%, giving companies billions of dollars. Buffett took over the company in 1965 for the worst record since. Since Buffett took over in 1965, since the company only in 2001 and 2008, the drop in book value arise.

Buffett's Berkshire Hathaway is single-handedly created has been 54 years of history. The company is a world-class insurance and diversified investment group, primarily through the national security and re-insurance companies and various other institutions engaged in insurance business. As Buffett at the helm of the investment is currently the flagship of Berkshire Hathaway holding American Express, Coca-Cola, Wells Fargo and other companies equity.

Over the past 20 years, thanks to Buffett's stock a "Huiyanshizhu" and its implementation arm of Berkshire Hathaway a 30-fold increase in the myth. But with the growing size of the company, Buffett has been very difficult to reproduce the sharp increase in history.

God shares also missed when bargain-hunting

2008 year, when the majority of corporate share prices plunged when the nearly 20 billion U.S. dollars Buffett Zachu massive bargain-hunting. Among them, Buffett spent 14.5 billion U.S. dollars accumulated from General Electric, Goldman Sachs Group and the "Arrow" brand chewing gum company to buy fixed income preferred shares, and the other will include some of the enterprises realized capital stock, including about 60 billion dollars to other businesses acquisition.

God made the investment shares suffered the loss of billions of dollars, but for advocating long-term value investing Warren Buffett, these losses may only be temporary losses off the books. However, the shares have fumbled when the gods. Buffett admitted that he then committed a major investment of at least one mistake in the international oil prices near high point jiacang U.S. ConocoPhillips, from 2007 to 1750 shares held by the end of 8490 to 2008 million shares, stocks, God did not expect that in 2008 energy prices plummeted, leading to the company that made bad investments, causing billions of dollars in losses.

2008 year, Buffett's company holds the top 20 largest Awkwardness, there are 19 fell. Awkwardness of Coca-Cola Company's largest stock fell 26% in the year, American Express fell 64%, the U.S. ConocoPhillips fell 41%.

Author of "Buffett experience the general meeting of shareholders," the author is also founder of hedge fund RamPartnersLP Jeff Matthews said Berkshire remains committed to the preservation of assets and solid growth, but was more dependent on economic环境. In addition, by about 26 billion U.S. dollars committed to buy the nation's second-largest railroad operator Burlington Northern's impact.