Buffett reflects on past mistakes, emphasizes growth over perfection, and reassures commitment to equities.

From Investing.com: 2025-02-25 02:46:00

Warren Buffett’s shareholder letter reflects on mistakes made in business acquisitions and manager hires. He emphasizes the importance of not seeking perfection in investments, rather focusing on growth and letting winners flourish. Buffett also highlights the benefits of taking advantage of market opportunities rather than predicting market trends. Despite Berkshire’s significant cash position in 2024, Buffett reassures shareholders of the company’s commitment to investing in equities. The portfolio shows a substantial increase in cash and short-term T Bills, with equity securities declining but remaining consistent with historical averages. Market valuations are high, signaling a need for caution despite stable economic conditions.



Read more at Investing.com: Why Is Buffett’s Cash Pile Soaring? 4 Key Takeaway From His Annual Letter