Warren Buffett has plans for 'bigger fish to fry' and needs Japanese stocks

later in the day, Mobius speculated that Buffett likely has something else up his sleeve.

"I just thought these were big companies. They were companies that I generally understood what they did," he."And they were selling at what I thought was a ridiculous price, particularly the price compared to the interest rates prevailing at that time." Buffett and Greg Abel, his planned successor, are open to potential opportunities and have encouraged the Japanese companies to reach out.

火曜日、バフェットのバークシャー・ハサウェイは、伊藤忠商事、丸紅、三菱商事、三井物産、住友商事への出資比率を7.4％に引き上げた。「彼はもっと大きな魚を釣っているのだと思う。そして、すでに、何か大きな取引を計画し、それには日本の商社の助けが必要かもしれない、と言っている」と語った。

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Warren Buffett eyes Japanese companies, may boost stakesBillionaire investor Warren Buffett's Berkshire Hathaway is increasing its stakes in five Japanese trading houses. The total amount is now up to 7.4%.
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