Warren Buffett's Berkshire Hathaway buys stakes in Japan's five leading trading companies

. Berkshire said it acquired the holdings over a roughly 12-month period through regular purchases on the Tokyo Stock Exchange. Based on Friday's closing prices for the trading houses, a 5% stake in each would be valued at roughly $6.25 billion.

For Buffett, the move is no quick trading play. Berkshire says it intends to hold the investments for the long term, and that it may increase its holdings in any of the companies up to a maximum of 9.9%, depending on price. Berkshire also pledged to make no purchases beyond a 9.9% stake in any of the companies unless given approval by the trading companies' boards of directors.

HBD Boss!!

Happy birthday WarrenBuffett !!

The Democratic Party has become the party of intolerance, censorship and Racism. Democrats have incited riots and promoted Marxist revolution, but offered NO protection to law abiding citizens. The country is waking to their evil and it has sealed their fate!

Arigatogozaimasu ,Buffett-san.

SBI 💥

xrpcommunity. Sumitomo.

Naturally hedged & long term is 3 to 8 years?

byKatherineRoss ? Not buying, America, greatest capital growth engine in history? GS and MS get clobbered tomorrow?

First Gold and now Japan. He is going where no Buffett has gone before!! MohnishPabrai

He is washed up

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Truth About Warren Buffett’s Investment In GoldBerkshire recently revealed an investment in a gold mining company while it trimmed some bank investments. Does this signal a change in Warren Buffett's investment philosophy? Don't count on it. i can’t afford to get fillings in my teeth but I’m going to read this article Truth Revealed: He bought some gold because his rich AF and likes to play the markets. He’s just getting a bit of everything so whatever goes up or comes down he will be good anyways...
Source: Forbes - 🏆 394. / 53 Read more »

Warren Buffett's 90th birthday: 5 stories about See's, Geico, deals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »