August 2020

Warren Buffett turns to Japan and acquires a 5% stake in the largest trading companies

On a Sunday, the 90th anniversary of Buffett, Berkshire said it had acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui and Co Ltd and Sumitomo Corp for approximately 12 months. Berkshire has stated that it intends to withhold long-term investments and that it can simply increase its bets.

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