刚刚，94岁巴菲特重磅发声！谈巨额现金储备、房地产投资、日本、苹果......信息量太大

Core Insights - The annual Berkshire Hathaway shareholder meeting took place on May 3, marking the 60th anniversary of Warren Buffett's leadership [1] - Buffett expressed concerns about the company's size, stating that it is detrimental to performance [3] - The company is taking a cautious approach towards AI in insurance, with no significant investments planned at this time [3] - Buffett believes real estate investment is more challenging than stock investment, citing more opportunities in the stock market [4] - The company has a high cash reserve and is looking for investment opportunities over the next five years [5][6] - Buffett confirmed that Berkshire will not sell its Japanese stocks, emphasizing the strong performance of Japanese companies [7] - Buffett praised Apple's CEO Tim Cook, acknowledging the successful transition from Steve Jobs [8] Financial Performance - Berkshire Hathaway reported a net profit of $4.603 billion for Q1 2025, a 64% decrease from $12.702 billion in the same period last year [8] - The company's cash reserves reached a record high of $347.7 billion, up from $334.2 billion at the end of Q4 2024 [8] - Total revenues for Q1 2025 were $89.725 billion, slightly down from $89.869 billion in Q1 2024 [10] - The company experienced an investment net loss of $6.435 billion in Q1 2025, compared to a gain of $1.876 billion in Q1 2024 [10]