Take our user survey and make your voice heard.
business

Warren Buffett's firm increases stakes in 5 Japanese trading houses

10 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2024 GPlusMedia Inc.

10 Comments
Login to comment

It's better for Warren Buffett to take over these 5 trading houses in the future.

-4 ( +0 / -4 )

Yen has gone from 120 to 142 in just months.

0 ( +4 / -4 )

What "Japan Inc" avoids talking about is the fact that Buffett bought all five of the big shoshas, because he doesn't see any significant difference between them. Meanwhile, these shoshas are all competing unnecessarily with each other in the exact same fields, doing the exact same things. Now should Buffett ever start pushing for conglomeration, that would really shake up Japan.

1 ( +4 / -3 )

Warren knows what he is doing.

6 ( +6 / -0 )

He is buying five major trading houses - not Japan.

Around half of all Japanese exports and imports are handled by those 5 trading houses.

Buffet's holdings give him a simple yet highly diversified exposure to the Japanese economy.

5 ( +6 / -1 )

upping his bet on Japan, announcing this week that Berkshire Hathaway will increase its ownership stake in five major Japanese trading houses.

He is buying five major trading houses - not Japan.

He has also hedged those investments against further depreciation in the yen.

3 ( +4 / -1 )

Buffett must have confidence that the BOJ will keep propping the stock market up at the cost of JPY's purchasing power. There's short term profit to be made.

5 ( +5 / -0 )

Not just Buffet, but many of the investment boffins overseas have been really bullish on Japan for the past few months.

4 ( +7 / -3 )

Billionaire Warren Buffett is upping his bet on Japan, announcing this week that Berkshire Hathaway will increase its ownership stake in five major Japanese trading houses.

Instead of dwelling on an Uber successful rentier capitalist extending his financial influence, Japan should focus on what Buffet says about the regressive tax system which soaks workers and enriches lazy, passive independently wealthy movers of capital.

https://www.theatlantic.com/politics/archive/2009/03/why-buffett-pays-less-than-his-secretary/1616/

Buffet speaks the truth, but the idolatora of wealth, especially on the right, keep believing in trickle down economics like Kuroda, the LDP Abenomics and New Capitalism.

Change is needed, radically.

5 ( +7 / -2 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites