Many, many friends on Twitter, including myself, may not necessarily have the right analytical views, but all viewers should use these analyses to organize their own logic and judgments. No one is always right, but continuous learning can improve their chances of making money. Just looking at the results will inevitably lead to gains and losses. Buffett's holdings have been at a loss in a certain period of history. But if we look at it in the long run, it is actually profitable, just like after Buffett sold Apple, Apple still rose for two months, but then due to tariffs, Apple also entered a significant decline. From the former perspective, Buffett sold it quickly, but from the latter perspective, Buffett made money. The simplest way is to copy homework, but simply copying may make you question yourself. At least when copying, you should understand why you are doing it this way, or just copy without thinking, instead of asking. If we follow this viewpoint, Buffett is still wrong because his cash holdings have reached a historical high, and the latest financial report does not include a large-scale "bottom fishing" of the US stock market. On the contrary, the company continues to maintain a net selling strategy, marking the 10th consecutive quarter of net selling operations. If the market is reversing, then Buffett is also wrong. Since Buffett was wrong, it's not shameful that I was wrong.