Warren Buffett's bet on Japan stocks has tripled to over $17 billion

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Warren Buffett's Japan bets have nearly tripled in value to north of $17 billion in under 3 years

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: politico - 🏆 381. / 59 Lire la suite »