--- title: "Buffett \"rarely\" questions the US dollar" type: "News" locale: "en" url: "https://longbridge.com/en/news/238663422.md" description: "Warren Buffett rarely questioned the dollar at the Berkshire Hathaway shareholder meeting, stating that he does not want to hold a currency that may depreciate significantly and mentioned the possibility of financing in other currencies. He had purchased euro and yen hedging positions in 2002/2003. Although concerns about the dollar did not materialize, this trade performed well in the short term" datetime: "2025-05-04T03:06:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/238663422.md) - [en](https://longbridge.com/en/news/238663422.md) - [zh-HK](https://longbridge.com/zh-HK/news/238663422.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/238663422.md) | [繁體中文](https://longbridge.com/zh-HK/news/238663422.md) # Buffett "rarely" questions the US dollar Buffett said at the Berkshire shareholder meeting: "Clearly, we wouldn't want to hold any currency that we think will significantly depreciate." "There may be some things happening in the U.S.… that would make us want to hold a lot of other currencies. For example, if we invest in a certain European country… we might finance a lot in their currency." For Buffett, who has always supported U.S. assets, questioning the dollar is quite rare. In 2002/2003, Berkshire purchased billions of dollars in euro and yen hedging positions. Although Buffett's concerns about long-term current account deficits did not materialize in the short term (the dollar soared in the following 20 years), this trade ultimately became quite a good short-term trade as the dollar index fell by 30% from 2002 to 2007. He elaborated on some of this in his 2003 letter. ### Related Stocks - [Berkshire Hathaway Inc. (BRK.B.US)](https://longbridge.com/en/quote/BRK.B.US.md) - [Berkshire Hathaway Inc. (BRK.A.US)](https://longbridge.com/en/quote/BRK.A.US.md) ## Related News & Research - [Warren Buffett teams up with NBA superstar Stephen Curry for charity lunch, reviving iconic auction](https://longbridge.com/en/news/281182480.md) - [Warren Buffett says avoiding risk could be your biggest mistake—here’s why](https://longbridge.com/en/news/281360706.md) - [Warren Buffett Is Retired, But Still Going To The Office Daily](https://longbridge.com/en/news/281264271.md) - [Warren Buffett Bet Big On Oil In Q4: Here's How Much Berkshire Hathaway Is Up On Chevron Stock In 2026](https://longbridge.com/en/news/281213097.md) - [Warren Buffett Says He'd Buy 'A Whole Lot' Of Apple If It Gets Cheaper— And He's Not Losing Sleep Over Cashing Out $100 Billion Stake](https://longbridge.com/en/news/281202027.md)