Warren Buffett and the Market That Foreign Money Forgot

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Heard on the Street: Many investors have been checking out of Japanese stocks, but keeping exposure to a cash-rich and cheaply priced market is a sensible proposition

This week, Warren Buffett unveiled a $6 billion investment in five Japanese trading houses, one of his few international bets. But data released Friday show that Mr. Buffett is swimming in the opposite direction to other international investors.

In fact, the week of Prime Minister Shinzo Abe’s resignation announcement also marked the total reversal of Abenomics-related flows into Japanese equities.

 

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Where does this old man have so much money, for what? if great-grandchildren have enough for centuries

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