Recently, Warren Buffett's company Berkshire Hathaway spent roughly $6.25 Billion acquiring slightly more than 5% of the five leading trading companies in Japan. These companies are Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo.
This investment, as mentioned by Warren, is an investment that Berkshire Hathaway intends to hold long term, and depending on the price, may increase its holdings up to a maximum of 9.9%.
Now, the question is why? Why would he invest in these companies? Why invest in Japan considering the flat GDP growth and aging population? Is he betting against America and investing abroad because of the Fed's constant printing of money?
Well, check out this episode to find out more!
