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Warren Buffett continued to sell shares in the first three months of 2025 amid a wide market sale, according to a regulatory appearance before the 60th annual historical meeting of his Berkshire Hathaway holding company.
Figures showing that he prevailed the actions for the tenth quarter in a quarter of the profits that also pointed out the Berkshire insurance wing received a hit of $ 1.1 billion from January fires in California.
Buffett sold $ 4.7BN in stock in three months by March 31, more than 3.2bn $ he bought.
This helped blow the Berkshire money pile, which was raised to another record of $ 348 billion while the money poured by the widespread Buffett Business Empire, which includes security, production, municipal services and one of North America’s largest railroads, along with the interest paid in its US treasure portfolio.
Asked about the big reserves of money at Saturday’s meeting, Buffett said: “Things become extremely attractive many occasionally.” At one point, he said, the company would “bombed with offers for which we would be happy to have money for it.”
Tens of thousands of Berkshire shareholders participated in the event, with high -profile figures including Hillary Clinton and the chief executive of Tim Cook in the crowd. Some in attendance said they made the journey to Omaha if it was the last time of the Buffett leading the meeting.
The event gave Buffett the first opportunity to weigh markets and the economy since US President Donald Trump launched a trade war last month by revealing plans to crack down on new imports from most other nations.
Buffett tries to avoid commenting on politics, but during a session for marathon questions and answers, the 94-year-old strongly criticized the fees without mentioning Trump.
“Trade should not be a weapon,” he said. “We need to seek to trade with the rest of the world. We have to do what we do best and they have to do what they do better.”
He later destroyed a question about American exceptionality, arguing that the country has been waves of cataclysmic change since its founding.
Changes in net profit in Berkshire mainly reflect the oscillations in the value of its 264bn capital portfolio and other investments. In the first quarter, the bottom line gains were $ 4.6BN, from $ 12.7BN in the first quarter of last year.
Buffett directs shareholders to pay more attention to operating profit, which was $ 9.6 billion, from $ 11.2BN. The fall mainly reflected the profits of lower insurance signature, including the hit by California fires. Wild fires were enraged for days in Los Angeles, destroying thousands of homes in some of the country’s richest neighborhoods.
Berkshire Hathaway shares were in tears in 2025, growing 20 percent to close Friday in a $ 809,808.50 record for “one class” shares. Berkshire once again authorized no purchase of shares in the first quarter.
Additional reporting by Eric Platt
