{"id":53959,"date":"2012-02-27T16:06:06","date_gmt":"2012-02-27T16:06:06","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=53959"},"modified":"2026-04-03T07:09:47","modified_gmt":"2026-04-03T07:09:47","slug":"ce-a-scris-warren-buffett-in-scrisoarea-sa-anuala-catre-actionari","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=53959","title":{"rendered":"Ce a scris Warren Buffett \u00een scrisoarea sa anual\u0103 c\u0103tre ac\u0163ionari"},"content":{"rendered":"<p>Afirma\u0163iile sale i-au revoltat de anali\u015ftii \u015fi economi\u015ftii care propov\u0103duiesc eficien\u0163a investi\u0163iilor \u00een aur \u015fi a p\u0103str\u0103rii rezervelor financiare sub form\u0103 de cash, mul\u0163i acuz\u00e2ndu-l c\u0103 vorbe\u015fte &#8220;din c\u0103r\u0163i&#8221; sau chiar c\u0103 ar fi senil, dup\u0103 cum relateaz\u0103 Business Insider. Ace\u015ftia cred c\u0103, dac\u0103 la un moment dat, principiile despre care vorbe\u015fte Buffett au func\u0163ionat, acum ar fi dep\u0103\u015fite \u015fi nu s-ar mai adapta la realit\u0103\u0163ile economice mondiale.<\/p>\n<p>Cu toatea acestea, intui\u0163ia de investitor a lui Buffett s-a dovedit nu doar o dat\u0103 a fi fost genial\u0103, asta, dup\u0103 ce, \u00een prim\u0103 faz\u0103, toat\u0103 lumea l-a crescut un b\u0103tr\u00e2n dep\u0103\u015fit de timp, care ia decizii dup\u0103 ureche. Un exemplu \u00een acest sens a fost nu mai departe de 2008, c\u00e2nd Buffett a cump\u0103rat ac\u0163iuni \u00eentr-un moment \u00een care toate pie\u0163ele de capital se pr\u0103bu\u015feau \u015fi nimeni nu mai avea curajul de a investi pe Burs\u0103. La acel moment, anali\u015ftii au r\u00e2s de magnat \u015fi au comentat cu r\u0103utate mi\u015fcarea sa. Nu a durat \u00eens\u0103 mult p\u00e2n\u0103 c\u00e2nd au ajuns s\u0103-\u015fi \u00eenghit\u0103 vorbele, \u00een condi\u0163iile \u00een care pie\u0163ele au re\u00eenceput s\u0103 creasc\u0103, iar investi\u0163iile lui Buffett s\u0103 adune profituri.<\/p>\n<p>\u00cen ceea ce prive\u015fte raportarea la aur, omul de afaceri spune c\u0103 toate rezervele de aur din lume sunt estimate la o valoare de 10 mii de miliarde de dolari. Cu ace\u015fti bani s-ar putea cump\u0103ra toat\u0103 suprafa\u0163a arabil\u0103 a Americii \u015fi 16 companii de valoarea Exxon-Mobils. \u015ei \u00eenc\u0103 ar mai r\u0103m\u00e2ne o mie de miliarde de dolari, &#8220;bani de buzunar&#8221;. Terenurile \u015fi companiile ar produce cu siguran\u0163\u0103 bani \u00een urm\u0103toarea sut\u0103 de ani c\u00e2t s\u0103 acopere investi\u0163ia \u015fi s\u0103 aduc\u0103 \u015fi profituri considerabile, pe c\u00e2nd cubul de aur (format din cumularea tuturor rezervelor de aur din lume) ar fi un activ &#8220;mort&#8221;. R\u0103m\u00e2ne de v\u0103zut \u00een ce m\u0103sur\u0103 Buffett este un profet sau, pur \u015fi simplu, un om de afaceri care p\u00e2n\u0103 acum a avut foarte mult noroc.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magnatul a explicat, printre altele, de ce cash-ul reprezint\u0103, de fapt, o strategie riscant\u0103 de p\u0103strare a banilor \u015fi de ce prefer\u0103 investi\u0163iile \u00een obliga\u0163iuni dec\u00e2t \u00een aur.<\/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":[7580,26772,11055],"class_list":["post-53959","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-actionari","tag-scrisoarea","tag-warren-buffett"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/53959","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=53959"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/53959\/revisions"}],"predecessor-version":[{"id":70587,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/53959\/revisions\/70587"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}