Wall Street looks to Warren Buffett for guidance on tariffs, economy – but he’s likely to pass
By: bitcoin ethereum news|2025/05/02 23:00:05
0
Share
Warren Buffett is finally expected to talk about the tariffs and economic mess that’s had Wall Street choking for months. The 94-year-old CEO of Berkshire Hathaway will face investors at the company’s annual shareholder meeting in Omaha this Saturday. He hasn’t said a thing yet about the chaos unleashed by President Donald Trump’s tariffs or the shaky markets that followed. Now, after nine quarters of big sell-offs, people want answers — and they’re hoping they’ll get some this weekend. The crowd won’t be small. Over 30,000 investors are flying in to Nebraska for what’s become the loudest finance event of the year. It’s the 60th anniversary of Warren leading the company. It’s also the second meeting without his longtime partner and best friend Charlie Munger, who died in 2023. The event has been called “Woodstock for Capitalists” for years. But this time, no one’s showing up to party — they want to hear what Warren plans to do with the cash and why he’s been dumping stocks like it’s a fire sale. Berkshire investors want Warren Buffett to get real on tariffs and Apple sell-off This year’s event lands at a rough time. The tariffs Trump slammed on imports — the highest in decades — have investors panicking. Some of those were delayed 90 days, but the impact is already being felt. Economic reports are showing signs of a slowdown. Some are warning that a recession’s around the corner. Steve Check, founder of Check Capital Management, said the mood is tense. “Because Berkshire owns so many businesses, they’re basically on the front lines of everything in terms of the economy falling off. Is it even worse than what the numbers are already showing?” he asked. “I hope, more than anything, that he speaks out against the way tariffs have been done.” Warren hasn’t said much, but he’s been busy. In 2024 alone, Berkshire sold over $134 billion in stock. That made it nine quarters in a row of more selling than buying. Most of the dump came from trimming the two biggest holdings — Apple and Bank of America. David Wagner, who manages money at Aptus Capital Advisors and owns Berkshire shares, said the meeting is about timing. “What will Warren do with the pile of cash that they are sitting on and, more specifically, when can it be deployed?” he said. Wagner added that many people “tend to view Warren as the north star.” The weekend starts early Saturday. Warren gives a few opening remarks at 9 a.m. ET, then sits for hours answering questions. He’ll be joined in the morning by his successor Greg Abel and insurance chief Ajit Jain, then it’s just him and Greg in the afternoon. At last year’s meeting, Warren said his sales were tax-related. He claimed the gains were big and he was trying to avoid paying more later if rates rose to plug the federal deficit. But people are calling BS now. “You can’t use that explanation anymore because it clearly does not apply,” said David Kass, finance professor at the University of Maryland. He said if Warren keeps selling, it could mean he thinks Apple is fully priced. Or, more likely, that he sees risks — like a trade war, more tariffs, or something else ugly on the horizon. There’s the Berkshire Bazaar of Bargains, where companies under the Berkshire umbrella sell their goods. There’s also a 5K run, investing meetups, and other stuff for the money crowd. There are a few changes to the actual meeting setup. The 2024 shareholder letter confirmed there won’t be a movie at the start, which used to be a highlight. Warren speaks at 8 a.m. local time. The Q&A ends at 1 p.m. after just one 30-minute break. The shopping zone stays open until 4 p.m. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now Source: https://www.cryptopolitan.com/wall-street-warren-buffett-for-guidance/
You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.

Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic
Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have a "virtual lane" within a high-throughput blockchain to ensure their transactions can be included.

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have "virtual lanes" within a high-throughput blockchain, ensuring that their transactions can be included.

2% user contribution, 90% trading volume: The real picture of Polymarket
Is Polymarket a battleground for retail investors or an arena for institutions?

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire
From Oil Prices and Elections to Secret Negotiations, Are the US and Iran Really Heading for a Ceasefire?

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief
The "Orwellian" Term Stymies Pentagon's Supply Chain Risk Label for Anthropic

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers
Hyperliquid has captured this wave of geopolitical market trends with commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to a genuine alternative to traditional financial infrastructure, and this direction has only just begun.

Iran War Stalemate: What Signal Should the Market Follow?
Watch the Bond Market

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?
Can technological advancement be guided, or has it already gone beyond our control?

Insider Trading Alert! Will Trump Call a Truce by End of April?
Multiple Accounts Accurately Predict War, Earn $1.8 Million

After establishing itself as the top tokenized stock, does Ondo have any new highlights?
The total market capitalization of the global stock market is about $150 trillion, while the tokenized stocks market is currently only $10 billion in size, making it akin to a nascent super market that has just cracked the door open.

BIT Brand Upgrade First Appearance, Hosts "Trust in Digital Finance" Industry Event in Singapore
Discussing topics such as governance standards, compliance frameworks, and operational infrastructure within the context of the institutionalization process
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...
Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.
Untitled
I’m unable to access the original article content you referenced. Please provide specific details or another article so…
From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.
