The era of Berkshire's "Buffett Epoch" is coming to a close as the "Oracle of Omaha" criticizes tariff policy but reaffirms his bet on America.

BlockBeats News, May 4th. According to Wall Street News, during the annual Berkshire Hathaway Shareholders Meeting, the "Oracle of Omaha" Buffett participated fully once again. He was accompanied by his CEO successor – Berkshire's non-insurance business head Abel (Greg Abel) and insurance business head Jain (Ajit Jain), who jointly answered shareholder questions.

During the meeting, although Buffett did not directly name Trump, he criticized tariffs and trade protectionism. He stated that fiscal policy is his greatest concern for the U.S. and repeatedly mentioned the risk of USD depreciation, warning that irresponsible actions by the U.S. government could be "frightening" for currency value. Nevertheless, he still hinted at continuing to fully bet on the U.S. and believing in the American exceptionalism. Buffett reiterated his optimism towards Japanese stocks and expressed his intention to continue holding them for another fifty to sixty years. He downplayed the recent volatility in the U.S. stock market, stating that it is not a severe bear market. The first-quarter financial report released earlier this Saturday showed that Berkshire's cash reserves reached $347.7 billion, hitting a new historical high. In an environment of high uncertainty due to tariffs, Buffett maintains a cautious investment stance and mentions that there will be good investment opportunities in the next five years.

This year marks the 60th anniversary of Buffett's acquisition of Berkshire Hathaway. This shareholders meeting is considered one of the most important in history, and it may be Buffett's last full participation in a shareholders' meeting. In the closing Q&A session, Buffett announced his plan to propose stepping down as CEO by the end of this year to the board. This will mark the beginning of the end of the "Buffett era" at Berkshire Hathaway, and investors need to prepare for a Berkshire without Buffett at the helm.