Posted inJapan

Why Warren Buffett bought Japan’s trading houses

The world of money managers is abuzz over Warren Buffett’s Berkshire Hathaway’s purchase of approximately 5% each of five Japanese trading houses, stakes worth in total of about US$6.2 billion.  Berkshire Hathaway reportedly may seek to increase its stakes in the five trading houses – Mitsubishi Corp, Mitsui & Co, Sumitomo Corp, Itochu and Marubeni […]

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