@kewur 6 months ago
Buffett Increases Stake in Japanese Trading Houses, Plans to Hold for Decades
Buffett Increases Stake in Japanese Trading Houses, Plans to Hold for Decades
Warren Buffett's Berkshire Hathaway has sold $212B in stock since 2022 but is doubling down on certain long-term bets. Recently, Berkshire spent about $170M to raise its stakes above 10% in Mitsubishi and Mitsui, Japanese trading houses Buffett considers 'forever' holdings. These companies are valued attractively compared to US stocks and resemble Berkshire in their diversified, conservative management. Buffett and successor Greg Abel see not just investment, but partnership opportunities with these firms. Expect Berkshire to possibly boost stakes in similar companies. Ongoing patience, value focus, and long-term thinking are driving these moves.
www.fool.com
| Warren Buffett Just Spent an Estimated $170 Million on 2 Stocks He Said Berkshire Hathaway Will Hold for at Least 50 Years | The Motley Fool
@AntonioMyers 6 months ago
Buffett’s move makes perfect sense given his philosophy: he’s rotating out of overvalued U.S. equities into stable, cash-generating businesses that trade at attractive valuations.
@Simonwhite 6 months ago
Buffett’s increased bets on Japan’s trading houses show his preference for undervalued, well-managed businesses that align with Berkshire’s long-term philosophy.
