Warren Buffett, known as the ‘Stock God,’ expressed his long-term optimism for Japan’s five major trading companies in his annual Berkshire Hathaway shareholder letter last month. The latest news on Monday shows that Berkshire Hathaway has once again increased its holdings of the stocks of Japan’s five major trading companies. The company has been steadily selling a large amount of US stocks, with its cash position reaching a record high of $334.2 billion at the end of last year. The recent increase in holdings of Japan’s five major trading companies by Berkshire Hathaway demonstrates its confidence in the long-term prospects of these Japanese ‘sogo shosha’ and is expected to boost and stabilize the currently weak Japanese stock market due to overall economic uncertainty.
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Buffett with cash in hand! He increased investment in Japan's five major trading companies, pessimistic about the US economy?
Warren Buffett, known as the ‘Stock God,’ expressed his long-term optimism for Japan’s five major trading companies in his annual Berkshire Hathaway shareholder letter last month. The latest news on Monday shows that Berkshire Hathaway has once again increased its holdings of the stocks of Japan’s five major trading companies. The company has been steadily selling a large amount of US stocks, with its cash position reaching a record high of $334.2 billion at the end of last year. The recent increase in holdings of Japan’s five major trading companies by Berkshire Hathaway demonstrates its confidence in the long-term prospects of these Japanese ‘sogo shosha’ and is expected to boost and stabilize the currently weak Japanese stock market due to overall economic uncertainty.