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

📆 4/13/2023 4:49 AM
📰 BusinessInsider

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 51%

United States News News

Warren Buffett has plans for 'bigger fish to fry' and needs Japanese stocks to make it happen, says Mark Mobius

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.

Write Comment

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。

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

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

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%.
Source: FoxBusiness - 🏆 458. / 53 Read more »