Warren Buffett, a super-rich investor, is buying more shares of five big Japanese companies! These companies, called "sogo shosha," are like giant trading companies that deal in many things, from food to steel. Buffett thinks they're a great investment.
- Buffett's company, Berkshire Hathaway, already owns a lot of these Japanese companies.
- He plans to own even more of their shares in the future.
- He compared these companies to his own, saying they are similar.
Fact | Number |
---|---|
Total investment in Japanese companies | $23.5 billion |
Expected dividend income in 2025 | $812 million |
Amount spent on current holdings | $13.8 billion |
Buffett believes this is a smart, long-term investment. He expects to hold these investments for many decades!