觀點股市

Gambling on US equities is becoming more difficult
從巴菲特的言行看投資美國股市的難度


福魯哈爾:美國正從一場消費者流動性危機轉向一場企業償付能力危機。對於篤信美國藍籌股的一代人而言,押注美國已變得更加棘手。

At the recent Berkshire Hathaway annual meeting it sometimes felt like Warren Buffett was trying to square words with actions. The Oracle of Omaha insisted, as he always has, that the best place for retail investors to be is in an S&P500 index fund. But he also told shareholders that his company had sold 16 times as much stock as it had purchased in the last month, including dumping the entire airline asset class. And he admitted that while you could still “bet on America, you are going to have to be careful how you bet”.

在波克夏哈薩威公司(Berkshire Hathaway)最近的年會上,有時感覺華倫•巴菲特(Warren Buffett)好像在努力言行一致。這位「奧馬哈先知」(Oracle of Omaha)一如既往地堅稱,散戶投資者的最佳投資選擇是挑一隻追蹤標普500指數(S&P 500)的基金。但他還告訴股東,他的公司上月賣出的股票是買入股票的16倍,包括拋售全部航空股。同時他承認,你仍可以「押注於美國,但必須小心如何押注」。

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