According to online reports, Buffett, the "stock god" of the investment industry's annual event, participated in the entire Berkshire Hathaway shareholders 'meeting again, bringing his CEO successors-Greg Abel, head of Berkshire's non-insurance business, and head of the insurance business Ajit Jain jointly answered shareholders' questions. Although Buffett did not name Trump at the meeting, he criticized tariffs and trade protectionism, saying that fiscal policy was his most worried about the U.S. issue, and repeatedly mentioned the risk of a devaluation of the dollar, warning that if the U.S. government acted irresponsibly, the value of the currency would be "scary." Despite this, it still implies that it will continue to bet fully on the United States and believe in American exceptionalism. Buffett reiterated his optimism about Japanese stocks at the meeting, saying that he would continue to hold them for fifty to sixty years, and made a speech to downplay the recent fluctuations in U.S. stocks, saying it was not a severe bear market. The first-quarter earnings report released earlier on Saturday showed that Berkshire's cash reserves reached $347.7 billion in the quarter, a record high. In an environment where tariffs cause extreme uncertainty, Buffett is cautious about current investments, saying there will be good investment opportunities in the next five years. This year marks the 60th anniversary of Buffett's acquisition of Berkshire. This shareholder meeting is regarded as the most important in history. It may be the last shareholder meeting that Buffett participated in. Buffett announced at the end of the Q & A session that he plans to submit to the board of directors. Propose stepping down as CEO at the end of this year. That will be the beginning of the end of Berkshire's "Buffett era", and investors must prepare for a Berkshire without Buffett at the helm.