Buffett Said Berkshire Expects To Maintain Its Investment In Japanese Trading Houses Itochu, Marubeni, Mitsubishi, Mitsui, Sumitomo Indefinitely
Portfolio Pulse from Charles Gross
Warren Buffett, in a letter, stated that Berkshire Hathaway plans to maintain its investments in the Japanese trading houses Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo indefinitely, signaling long-term confidence in these companies.

February 24, 2024 | 1:37 pm
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POSITIVE IMPACT
Berkshire Hathaway's commitment to maintaining its investments in major Japanese trading houses may reinforce investor confidence in BRK/A's investment strategy and long-term vision.
Buffett's announcement signals a strong belief in the value and future performance of these investments, which could positively influence Berkshire Hathaway's stock as investors may view this as a sign of strategic foresight and stability.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
The announcement by Warren Buffett regarding Berkshire Hathaway's indefinite investment in Japanese trading houses is likely to have a positive impact on BRK/B, reflecting confidence in the company's investment decisions.
The decision to maintain investments indefinitely in these companies showcases a strategic investment approach by Berkshire Hathaway, likely leading to increased investor confidence in BRK/B's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Buffett's endorsement of long-term investments in major Japanese trading houses may indirectly benefit EWJ, an ETF that tracks the Japanese stock market, by boosting investor sentiment towards Japanese equities.
While EWJ is not directly mentioned by Buffett, the positive sentiment towards major Japanese trading houses, which are likely constituents of the ETF, could lead to increased investor interest in EWJ as a proxy for Japanese equities.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70