Berkshire Expects to Hold Japanese Trading Companies for Half-Century, Buffett Says

Berkshire Expects to Hold Japanese Trading Companies for Half-Century, Buffett Says

Berkshire astir apt volition clasp the shares of the 5 Japanese trading companies for the “next 50 years,” CEO Warren Buffett told the assemblage astatine the company's yearly meeting.

Those holdings, which totaled astir $24 cardinal astatine the extremity of past year, are adjacent to the 10% bounds that Berkshire has agreed to. Buffett said bounds could beryllium relaxed somewhat.

Buffett said: "Size is an force of show astatine Berkshire."