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The five major Japanese trading companies that Warren Buffett won't sell in the next 50 years, copy this trade and buy this fund.
The annual Berkshire Hathaway shareholders meeting was packed with insights, and many media outlets have already provided detailed summaries, so I won't go into them one by one here. What caught my attention, however, was Buffett's rare public expression of a clear investment stance regarding Japan. He stated that his investments in Japan's five major trading companies—MARUBENI, MITSUBISHI CORPORATION, SUMITOMO CORPORATION, MITSUI & CO., and ITOCHU CORPORATION—will be held for the ultra-long term, with no plans to sell for 50 years. Buffett first invested in these five trading companies in 2020, issuing bonds locally in Japan to leverage low-cost yen for buying Japanese stocks, essentially replicating his strategy of using float to invest in U.S. stocks...
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