Meanwhile, the five Japanese stocks have gained an average of 181% since Buffett's original disclosure. The upshot is that Berkshire's holdings have ballooned in value from $6 billion to about $17 billion today.
Buffett laid out his rationale for the Japanese foray during Berkshire's annual meeting in May. He noted the companies were"ridiculously" cheap, well-established in familiar industries, focused on the long term, and big enough to have a material impact on Berkshire's earnings.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Maxine Waters, Elizabeth Warren clash over investment rulesThe fight is being triggered by three bills that House Financial Services Chair Patrick McHenry is driving to boost capital raising for startups.
Weiterlesen »