$ETH
Buffett:
The master of escaping the top shows his skill again
Cash reserves exceed the market value of Ethereum!
Buffett shows his skill of escaping the top again!
Berkshire's huge cash reserves overwhelm Ethereum
The turmoil in the cryptocurrency circle is resurgent
Berkshire's financial report reveals: cash reaches a new high, Apple reduces its holdings
Berkshire Hathaway's latest financial report shows that the company significantly reduced its holdings in Apple in Q2, and its cash reserves soared to US$276.9 billion, a record high
This move was interpreted by analysts as a cautious attitude towards the stock market and economic prospects. The cash reserves even surpassed the market value of Ethereum at one point, demonstrating its strong capital strength
A review of Buffett's record of escaping the top:
• Accurate prediction, steady progress 1999 technology bubble:
Adhere to principles, refuse temptation Buffett insists on "not making money beyond his ability", refuses to invest in technology stocks, and successfully avoids the crisis of the bursting of the Internet bubble
• 2008 financial crisis:
Reverse operation, successful bottom-fishing When the market panicked, Buffett published "Buy American. I AM.", bottom-fishing against the market, buying a large number of high-quality assets, and finally ushering in long-term returns
• 2020 epidemic:
Cash is king, waiting for the opportunity to act. Faced with the stock market crash caused by the epidemic, Buffett held a lot of money and waited for the opportunity to invest heavily in the Japanese stock market after the epidemic and achieved considerable returns.
Summary: Caution and wisdom coexist. Buffett's success is not accidental. His history of escaping the top provides valuable experience for investors.
Although he occasionally missed opportunities, his cautious attitude and wise decision-making allowed him to move forward steadily in market uncertainty.
The current high cash reserves once again show his cautious attitude⚠️
Although Buffett himself did not directly engage in cryptocurrency investment, his consistent value investment philosophy is also enlightening for the crypto industry.
Value investment emphasizes finding undervalued high-quality assets and holding them for a long time to obtain stable returns.
In the crypto market, despite high volatility and uncertainty, some crypto projects with good fundamentals also have long-term investment value.
Therefore, everyone can learn from Buffett's value investment philosophy and find and hold high-quality projects with potential in the crypto market.
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