\nCharlie Munger, legendarul investitor american, a avertizat c\u0103 se preg\u0103te\u015fte o furtun\u0103 pe pia\u0163a imobiliar\u0103 comercial\u0103 din SUA, b\u0103ncile americane fiind “pline” de ceea ce el a spus c\u0103 sunt “credite neperformante”, \u00een condi\u0163iile \u00een care pre\u0163urile propriet\u0103\u0163ilor scad, scrie FT. <\/p>\n
\nComentariile investitorului \u00een v\u00e2rst\u0103 de 99 de ani \u015fi secund al miliardarului Warren Buffett vin \u00een contextul \u00een care turbulen\u0163ele se r\u0103sfr\u00e2ng asupra sistemului financiar al \u0163\u0103rii, care se confrunt\u0103 cu o posibil\u0103 pr\u0103bu\u015fire a propriet\u0103\u0163ilor comerciale \u00een urma unor falimente bancare.<\/p>\n
\n“Nu este nici pe departe la fel de r\u0103u ca \u00een 2008”, a declarat vicepre\u015fedintele Berkshire Hathaway \u00eentr-un interviu pentru Financial Times. “Dar problemele se \u00eent\u00e2mpl\u0103 \u00een sectorul bancar la fel cum se \u00eent\u00e2mpl\u0103 peste tot. \u00cen vremurile bune, intri \u00een obiceiuri proaste… .\u2009C\u00e2nd vin vremuri rele, pierd prea mult”.<\/p>\n
\nMunger vorbea pe veranda casei sale din Greater Wilshire, un cartier plin de verdea\u0163\u0103 din Los Angeles, unde locuie\u015fte de 60 de ani, de c\u00e2nd a proiectat el \u00eensu\u015fi proprietatea.<\/p>\n
\n\u00cembr\u0103cat \u00eentr-o c\u0103ma\u015f\u0103 \u00een carouri, Munger a \u0163inut audien\u0163a din scaunul s\u0103u cu rotile, \u00een timp ce pe ecranul unui televizor care transmitea CNBC pe fundal se derulau \u00een timp real problemele b\u0103ncii First Republic, o banc\u0103 californian\u0103 aflat\u0103 \u00een dificultate.<\/p>\n
\nBerkshire are o lung\u0103 istorie de sus\u0163inere a b\u0103ncilor americane \u00een perioadele de instabilitate financiar\u0103. Uria\u015ful gigant din industria\u015fi p\u00e2n\u0103 la asigur\u0103ri a investit 5 miliarde de dolari \u00een Goldman Sachs \u00een timpul crizei financiare din 2007-2008 \u015fi o sum\u0103 similar\u0103 \u00een Bank of America \u00een 2011.<\/p>\n
\n\u00cens\u0103, p\u00e2n\u0103 \u00een prezent, compania a r\u0103mas deoparte \u00een actuala perioad\u0103 de turbulen\u0163e, \u00een timpul c\u0103reia Silicon Valley Bank \u015fi Signature Bank s-au pr\u0103bu\u015fit. “Berkshire a f\u0103cut c\u00e2teva investi\u0163ii \u00een b\u0103nci care au func\u0163ionat foarte bine pentru noi”, a declarat Munger. “Am avut \u015fi noi unele dezam\u0103giri \u00een b\u0103nci. Nu este at\u00e2t de al naibii de u\u015for s\u0103 conduci o banc\u0103 \u00een mod inteligent, exist\u0103 o mul\u0163ime de tenta\u0163ii de a face lucruri gre\u015fite.”<\/p>\n
\nReticen\u0163a lor provine \u00een parte din riscurile care p\u00e2ndesc \u00een portofoliile vaste de credite pentru propriet\u0103\u0163i comerciale ale b\u0103ncilor. “Multe dintre propriet\u0103\u0163ile imobiliare nu mai sunt at\u00e2t de bune”, a spus Munger. “Avem o mul\u0163ime de cl\u0103diri de birouri cu probleme, o mul\u0163ime de centre comerciale cu probleme, o mul\u0163ime de alte propriet\u0103\u0163i cu probleme. Exist\u0103 o mul\u0163ime de agonie acolo.”<\/p>\n
\nEl a remarcat c\u0103 b\u0103ncile se retrag deja de la acordarea de \u00eemprumuturi dezvoltatorilor comerciali. “Fiecare banc\u0103 din \u0163ar\u0103 este mult mai strict\u0103 \u00een ceea ce prive\u015fte \u00eemprumuturile imobiliare ast\u0103zi dec\u00e2t era \u00een urm\u0103 cu \u015fase luni”, a spus el. “Toate par [a fi] prea multe probleme”.<\/p>\n","protected":false},"excerpt":{"rendered":"
Charlie Munger, legendarul investitor american, a avertizat c\u0103 se preg\u0103te\u015fte o furtun\u0103 pe pia\u0163a imobiliar\u0103 comercial\u0103 din SUA, b\u0103ncile americane fiind “pline” de ceea ce el a spus c\u0103 sunt “credite neperformante”, \u00een condi\u0163iile \u00een care pre\u0163urile propriet\u0103\u0163ilor scad, scrie FT. Comentariile investitorului \u00een v\u00e2rst\u0103 de 99 de ani \u015fi secund al miliardarului Warren Buffett […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[484,7575],"class_list":["post-215528","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-probleme","tag-proprietati"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/215528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215528"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/215528\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}