The overall U.S. stocks show a downward trend, and the "stock god" Buffett rarely loses more than 40 billion US dollars

[Global Times Special Journalist in the United States Yingchen Global Times special reporter Liu Haoran] Losses nearly 300 billion yuan? On the 6th of this month, Buffet, Buffett Buffet, announced the second quarter of the 2022 financial report. Affected by the downturn in the financial market, this legendary multinational holding company invested a loss of 43.76 billion US dollars, or about 295.8 billion yuan.

Buffett data map, source: the Guardian "Guardian

U.S. stocks have fallen into the "bear market" as a whole

According to the Associated Press reported on the 8th, according to the evaluation of Berkshire Hathaway, the value of financial products invested by the company in the second quarter has shrunk by 53 billion U.S. dollars, causing a direct loss of about $ 44 billion for the company's investment business. One of the main reasons for the situation is that the stock price of several large companies held by the company's heavy stakes fell significantly in the second quarter. It is understood that as many as 69%of the stocks held by Berkshire Hathaway are concentrated in Apple, American Express, Bank of America, Coca -Cola and Chevron.

In addition to investment, Berkshire Hathaway also has more than 90 subsidiaries. The business territory is located in all aspects of the US economy, covering the manufacturing, retail industry, insurance industry, and engineering industry. Therefore It is often used by the industry as a microcosm of the overall trend of the US economy, and the loss reflects the overall downward trend of the US stock market. It is reported that due to factors such as the Federal Reserve's interest rate hikes, the US stock market fell into the "bear market" in the second quarter. The Standard 500 Index fell more than 16 % in the second quarter, the largest quarterly decline since March 2020.

Investment losses for two consecutive quarters

Berkshire Hathaway has invested losses for two consecutive quarters: In the first quarter of 2022, the company lost $ 1.58 billion. At that time, there was an American media joking: "When the gods also look at it."

The United States "New York Post" stated that after the first quarter of the financial report was announced, Buffett also appeared for the first time since the outbreak of Berkshire Hathaway's company headquarters in Nebraska and was quickly surrounded by investors. Buffett laughed at the time that he had "couldn't understand" the current stock market. He said: "When we opened the market again, we knew nothing about it." He also said that if he can see the timing of the transaction, then he will buy a lot of stocks when the epidemic is just beginning. Unfortunately Missed this opportunity. "

However, when the US economy has seriously affected ordinary people's livelihood, Buffett has also made controversial remarks, saying that the best way to resist inflation is "particularly excellent in a certain field" -s such as a doctor and a lawyer. This remark was ridiculed by netizens "why not eat meat". Some netizens criticized: "This group of rich people really stand and speak without back pain.

Many investors were panicked after seeing the news, worried that they would fall into the market where even the gods lost. Some netizens said, "Compared with Buffett's losses, I don't feel sad about their own losses."

"Normal market fluctuations"

Although Berkshire Hathaway suffered "Waterloo" in the second quarter, the company's operating income reached 9.28 billion US dollars in the same period, an increase of 39%over the previous quarter. The Associated Press said that Buffett has always paid more attention to revenue indicators than investment income, because the indicator is the most intuitive and stable, and it will not rise and fall as the market is turbulent as the market is turbulent.

American commercial investment lawyer Leonard 郇 told the Global Times reporter that the US media only reported a news report on Buffett's huge losses, and it could not reflect the true financial situation of its company. Large companies often adjust the quarterly report from the perspective of accounting, so the actual revenue increases but it is shown to be normal. If the annual report still shows losses, it proves that the company's management does have problems. Therefore, although the amount of losses is huge, the US economic community is still optimistic, because this is only a book loss. As long as it does not sell stocks, it will not turn to actual losses, and there will still be a lot of room for rebound in the future. However, the company's loss of some subordinate units is indeed more severe. For example, affected by the supply chain crisis, Berkshire Hathaway's all -funded subsidiary Automotive insurance company Geico lost $ 487 million in the second quarter.

Other experts believe that due to factors such as epidemic and war, the world situation is turbulent, and global capital has flowed into a "safe place" like the United States. As a result, there is currently high US stocks, and there is still room for decline in the future. However, US stocks may rise faster than other stock markets. As the Associated Press reports, some heavy stocks held by Berkshire Hathaway have a significant rebound trend, which means that the company's current stock investment status is better than at the end of the second quarter. The expert said that because of the strong economic toughness of the United States and the small dependence on the world, the so -called loss of Buffett is not particularly worried.

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