富达投资最新研究显示，随着新年带来财务重置契机，更多美国人正考虑在2026年制定财务规划，且侧 重于短期储蓄目标。该机构年度调查发现，64%的受访者考虑在新年制定财务目标，较去年的56%有所 提升。 前三项财务目标连续多年保持稳定：44%的受访者希望增加储蓄，36%打算减少债务，30%计划缩减开 支。 富达投资市场主管莉安娜·德温尼表示："这是美国人连续第二年优先关注短期储蓄，与去年情况类似 ——民众更倾向于建立应急基金或清偿债务等短期目标，而非长期规划。" 前三项财务目标连续多年保持稳定：44%的受访者希望增加储蓄，36%打算减少债务，30%计划缩减开 支。 富达投资市场主管莉安娜·德温尼表示："这是美国人连续第二年优先关注短期储蓄，与去年情况类似 ——民众更倾向于建立应急基金或清偿债务等短期目标，而非长期规划。" 责任编辑：王许宁 责任编辑：王许宁 富达投资最新研究显示，随着新年带来财务重置契机，更多美国人正考虑在2026年制定财务规划，且侧 重于短期储蓄目标。该机构年度调查发现，64%的受访者考虑在新年制定财务目标，较去年的56%有所 提升。 ...

初入职场的人，往往容易被高薪工作机会吸引，但巴菲特强调，在整个职业生涯中，还有其他更重要的 因素。 执掌伯克希尔·哈撒韦60年后，沃伦·巴菲特于2025年底卸任这家控股公司的首席执行官。 作为商界与投资界的传奇人物，巴菲特终其职业生涯，始终不吝分享人生智慧，助力他人成就顺遂人生 ——从盛赞复利的魔力，到分享"无悔人生"的思考方法，皆是如此。 在2025年伯克希尔·哈撒韦年度股东大会上，巴菲特面向那些与自己处于职业生涯不同阶段的年轻人给 出建议。在回答关于早年职场经验的提问时，他对现场观众说道："不必过分在意起薪多少，而要格外 慎重选择为之效力的人，因为你会潜移默化地养成身边人的种种习惯。有些工作，从一开始就不该接 手。" "要与优秀的人为伍" 巴菲特表示，一份可观的起薪固然能为财务稳健打下基础，但同事与上司，或许会对你的长远职业发展 起到更为关键的作用。 "你身边交往的人，至关重要。"他说，"不必苛求自己在这件事上每一次都做出正确选择，但你人生的 走向，终究会与那些共事之人、敬佩之人、相交之人趋于一致。" 巴菲特回顾了自己的成长经历：年轻时初涉商业运营，正是得益于良师益友的指点，才得以洞悉其中的 门道。他鼓励 ...

Group 1 - DeepSeek released a new paper on New Year's Day proposing a new architecture called mHC (Manifold-Constrained Hyperconnection) aimed at addressing instability issues in traditional hyperconnections during large-scale model training while maintaining significant performance gains [1] - The paper's first authors include Zhenda Xie, Yixuan Wei, and Huanqi Cao, with DeepSeek's founder and CEO Liang Wenfeng also listed as an author [1] Group 2 - The EU's Carbon Border Adjustment Mechanism (CBAM) will officially implement on January 1, 2026, with recent legislative proposals and implementation details released by the EU [2] - China expressed concerns over the EU's high default carbon emission intensity values for Chinese products, which are deemed unfair and discriminatory, and plans to gradually increase these values over the next three years [2] - The EU plans to expand the CBAM scope to include approximately 180 steel and aluminum-intensive downstream products by 2028, which China views as unilateral and protectionist [2] Group 3 - Multiple electric vehicle manufacturers have reported their delivery data for December 2025 and the entire year, with Li Auto delivering 44,246 vehicles in December and a total of 1,540,215 vehicles since inception [6][16] - NIO delivered 48,135 vehicles in December, marking a 54.6% year-on-year increase, and a total of 326,028 vehicles for the year, a 46.9% increase [6][16] - Xpeng Motors reported 37,508 vehicles delivered in December, with a total of 429,445 vehicles for the year, reflecting a 126% year-on-year growth [6][16] Group 4 - Warren Buffett officially retired as CEO of Berkshire Hathaway on December 31, 2025 [7][18]

·商务部回应欧盟碳边境调节机制：坚决采取一切必要措施回应任何不公平贸易限制 ·港珠澳大桥2025年客流车流双破纪录分别超过3134万人次和680万辆次 ·保加利亚加入欧元区成为第21个使用欧元的国家欧元对列弗汇率为1比1.95583 ·沃伦·巴菲特正式退休卸任伯克希尔-哈撒韦首席执行官 【国内要闻】 【重点关注】 ·记者从国家开发银行获悉，2025年，国开行发放城市建设领域贷款1.16万亿元，服务城市功能品质提升 和人居环境改善。截至2025年末，国开行在城市建设领域贷款余额6.3万亿元。 ·记者从贯彻海南省委经济工作会议精神暨自贸港封关进展情况新闻发布会上获悉，自2025年12月18日 海南自贸港正式启动全岛封关以来，在封关政策带动下，截至2025年12月28日，全省新增经营主体 11957家。 ·2026年1月1日起，《天津市民营经济促进条例》正式施行。《条例》共设总则、公平竞争、投融资促 进、科技创新、要素支持、规范和保护、服务和保障、附则等9章82条，涵盖7方面核心内容：一是明确 促进民营经济发展工作的总体要求；二是保障民营经济组织平等准入和公平竞争；三是优化民营经济投 资融资促进措施；四是推动民营经 ...

Core Viewpoint - Warren Buffett, the renowned investor, will officially retire as CEO of Berkshire Hathaway on December 31, 2025, but will continue to serve as chairman of the board [1][3]. Group 1: Leadership Transition - Buffett announced his retirement in November 2025, at the age of 95, and plans to accelerate the donation of his personal wealth, estimated at approximately $149 billion, primarily through transferring Berkshire stock to his children's foundations [3]. - Following the announcement of his retirement, Berkshire's stock price has declined by over 6%, indicating market concerns about the leadership transition [4]. - Key executives, including Todd Combs, CEO of Geico, have left the company, with Combs joining JPMorgan, and CFO Mark Hamburg planning to retire in June 2026 [4]. Group 2: Investment Strategy - Despite the leadership changes, Buffett remains focused on the long-term development of the company, adhering to his investment philosophy by avoiding expensive transactions and selling more stocks than he buys, which has increased the company's cash reserves [4]. - In 2025, while other investors were driving up stock and cryptocurrency prices, Buffett reduced his stake in Apple and used cash to acquire a struggling oil company, potentially at a discounted price [5]. - Berkshire's cash reserves reached a record $358 billion in 2025, with Buffett stating that he is prepared to deploy $100 billion for suitable investment opportunities, emphasizing the unpredictable nature of investment opportunities [5].

截至2025年三季度末，公司的现金储备达到3816.7亿美元，再创历史最高纪录，且公司已连续9个月未进行股票回购。 2025年11月15日，伯克希尔公司公布了第三季度的13F报告。报告显示，截至第三季度末，伯克希尔共持有41只股票，总持仓市值 为2670亿美元，较前一季度的2580亿美元有所提升，提升幅度为3.4%。 苹果仍然是其第一大持仓，持仓市值约为606.6亿美元，但是伯克希尔该季度的苹果持仓已经从2.8亿股降至2.382亿股，目前已出 售了其曾持有的9.05亿股中的近四分之三。巴菲特对苹果的减持动作早从2024年就已经开始。此前，苹果持仓规模曾一度占伯克希 尔投资组合的50%以上。 据央视新闻消息，当地时间2025年12月31日，央视记者获悉，著名投资人沃伦·巴菲特正式退休，从知名投资机构伯克希尔·哈撒韦 （简称"伯克希尔"）公司的首席执行官岗位上卸任。 沃伦·巴菲特现年95岁，常年担任知名投资公司伯克希尔公司的首席执行官。在2025年11月，其宣布将在年底辞去相关职务，但会 继续担任董事会主席，并保留"相当数量"的股份。 当地时间2025年11月1日，伯克希尔公司公布了巴菲特卸任CEO之前发布的最后 ...

Core Viewpoint - Warren Buffett, the renowned investor, officially retired as CEO of Berkshire Hathaway on December 31, 2025, after announcing his decision in November 2025, but will continue as chairman of the board and retain a significant amount of shares [1][3]. Group 1: Retirement and Succession - Buffett, aged 95, has been the CEO of Berkshire Hathaway for many years and will be succeeded by Greg Abel, who is 63 years old, starting in early 2026 [3][5]. - Buffett plans to maintain the tradition of writing a Thanksgiving letter to shareholders but will not write the annual report or speak at the annual shareholder meeting, which will be led by Abel [5]. Group 2: Wealth Distribution and Philanthropy - In a Thanksgiving letter, Buffett outlined his plan to accelerate the transfer of his $149 billion estate to family foundations, while retaining enough Berkshire A shares to support Abel's leadership [4]. - Buffett will convert his 1,800 shares of Berkshire A into 2.7 million shares of B, donating over $1.3 billion worth of shares to family foundations, including 1.5 million shares to the Susan Thompson Buffett Foundation and 400,000 shares each to three children's foundations [4]. Group 3: Company Performance and Strategy - Berkshire Hathaway reported a 34% year-over-year increase in operating profit for the third quarter, with a record cash holding of $381.7 billion as of September 30, indicating a strong balance sheet and cautious investment strategy [7]. - Buffett acknowledged that while Berkshire's size is an advantage, it also poses limitations, suggesting that many companies may outperform Berkshire in the coming years due to its scale [7].

报道称，这家市值万亿美元的商业帝国交由其继任者格雷格·阿贝尔接手掌舵。 沃伦·巴菲特现年95岁，常年担任知名投资公司伯克希尔-哈撒韦公司的首席执行官。在2025年11月，其 宣布将在年底辞去相关职务，但会继续担任董事会主席，并保留"相当数量"的股份。 此前报道，2025年5月，沃伦·巴菲特在伯克希尔-哈撒韦年度股东大会上宣布，他将向该公司董事会推 荐非保险业务副董事长格雷格·阿贝尔在年底接任CEO的职位，称他认为格雷格担任公司CEO的时机已 经成熟。 中新网1月1日电据美国《洛杉矶时报》报道，当地时间2025年12月31日，知名投资人沃伦·巴菲特正式 退休，从知名投资机构伯克希尔-哈撒韦公司的首席执行官岗位上卸任。 图片来源：美国《洛杉矶时报》报道截图 （文章来源：中国新闻网） ...

Core Viewpoint - Warren Buffett officially announced his retirement as CEO of Berkshire Hathaway, effective December 31, 2025, while continuing as chairman of the board and retaining a significant number of shares [3]. Financial Performance - Berkshire Hathaway reported third-quarter revenue of $94.972 billion, a year-on-year increase of 2.13% [3]. - The net profit attributable to shareholders for the third quarter was $30.796 billion, reflecting a 17% year-on-year growth [3]. - Operating profit for the third quarter reached $13.49 billion, a substantial increase of 34% compared to $10.09 billion in the same period last year [3]. - As of the end of the third quarter of 2025, the company's cash reserves hit a record high of $381.67 billion, with no stock buybacks for nine consecutive months [3]. Investment Portfolio Changes - Berkshire's 13F report revealed a total stock portfolio value of $267 billion, up 3.4% from the previous quarter's $258 billion [3]. - Apple remains the largest holding with a market value of approximately $60.66 billion, although Berkshire has reduced its stake from 280 million shares to 238.2 million shares, selling nearly three-quarters of its original 905 million shares [4]. - The company also reduced its holdings in Bank of America by 37.19 million shares and increased its position in Chubb Limited by 4.29 million shares [4]. - Berkshire completely exited its position in D.R. Horton, one of the four major U.S. homebuilders [4]. New Investments - In the third quarter, Berkshire established a new position with 17.84 million shares in Alphabet, making it the tenth largest holding [5]. Buffett's Legacy and Future Outlook - Buffett expressed confidence in the future leadership of Greg Abel and the company's prospects in his farewell letter, while also accelerating the pace of his $149 billion legacy donations to family foundations [6]. - He reflected on the transformation of Berkshire Hathaway from a struggling textile company into a $1 trillion investment conglomerate since taking over in 1965 [6]. - Buffett reassured stakeholders about the company's resilience, stating it can withstand various economic conditions and emphasized the stock's potential to recover from volatility [7].

当地时间2025年12月31日，欧美股市集体收跌，美股三大股指四连跌。从2025年全年表现来看，道琼斯工业指数涨12.97%，标普500指数涨16.39%，纳斯 达克指数涨20.36%，均实现年线三连涨。 贵金属市场持续大幅波动，伦敦现货白银盘中一度跌超7%，COMEX白银期货盘中一度跌超11%。不过，从2025年全年来看，白银价格涨幅依然显著。伦 敦现货白银价格涨幅超147%，COMEX白银期货价格涨幅超142%。 当地时间2025年12月31日，美股三大指数全线收跌。Wind数据显示，截至收盘，道琼斯工业指数跌0.63%，纳斯达克指数跌0.76%，标普500指数跌 0.74%，均为四连跌。 大型科技股集体下跌，万得美国科技七巨头指数下跌0.61%。其中，特斯拉跌超1%。 | 亚马逊 | | | | --- | --- | --- | | (AMAZON) | 230.820 | -0.74% | | AMZN.O | | | | 英伟达(NVIDIA) | 186.490 | -0.56% | | NVDA.O | | | | 苹果(APPLE) | 271.840 | -0.45% | | AAPL.O ...