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BERKSHIRE ENDORSES JAPANESE TRADING HOUSES, COULD HOLD THEM 'FOREVER'

  • NEWS Desk Global
  • May 5
  • 1 min read



Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested.

Buffett spoke at Berkshire's annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo to as high as 9.8%.

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