Oracle of Omaha Goes Full Sushi Mode with Japanese Trading Houses
Key Points
- Warren Buffett is expanding his investments in Japanese trad...
Warren Buffett, known for his love of Cherry Coke and hamburgers, appears to have developed quite the appetite for Japanese cuisine - specifically, the kind that comes with stock certificates.
Buffett's Chopsticks Are Out for Seconds
In his latest shareholder letter dropped this Saturday, the Berkshire Hathaway maestro announced plans to supersize his portions of Japan's "sogo shosha" trading houses. Despite Mitsubishi's 26% dip (ouch), Buffett's faith in Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo remains unshaken. Apparently, value investing legends don't flinch at temporary setba...
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