Warren Buffett Increases Investment in Five Major Japanese Trading Firms

Reported about 19 hours ago

Warren Buffett's Berkshire Hathaway has significantly increased its stakes in five major Japanese trading houses—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—raising its holdings by 1 to 1.7 percentage points. Following a year of stock sales, Berkshire now holds over $334 billion in cash, allowing for potential further investments after the firms relaxed restrictions on ownership. Buffett praised the companies' management and hinted at more buy-ins in the future.

Source: YAHOO

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