and in what he will invest outside the US market.
I would have said BTC, but it is out of the picture for Warren Buffet as he considers Bitcoin a speculative asset and he doesn't understand it. But what makes the news big is that companies/corporations and billionaire individuals are investing outside the U.S/fiat economy, and even if Buffet's Berkshire Hathaway will not invest any of their assets in Bitcoin now, other firms will, when they consider moving a bit out of the U.S economy and that's good for BTC. MicroStrategy has been one of those corporations that have diversified their assets into Bitcoin this year already, with a few others. With how things are going with the pandemic, economic plunge, inflation, recession, and how companies want to invest in anti-inflationary assets, Bitcoin could have a year like never before in 2021. 
Topic: "Warren Buffett invests $6 billion in Japan's five biggest trading houses" - page 3. (Read 590 times)
September 02, 2020, 09:57:11 AM
September 02, 2020, 08:41:22 AM
After Warren Buffett surprised the business world by investing in a gold mining company (by buying a stock worth $565 million), this did not seem to be an isolated case, because as much as $6.3 billion is invested in "Japan’s five biggest trading houses".
It is now more than obvious what the WB thinks about the US economy and it is only a question of what he will sell next, and in what he will invest outside the US market. In any case, bad news for the US market, which has the worst results (in the last quarter) in the last 73 years.
Warren Buffett has invested $6bn in Japan’s five biggest trading houses, giant conglomerates involved in everything from importing food and textiles to the technology and manufacturing industries, as he looks to diversify beyond the US. The surprise move by Buffett, who has just turned 90, means he is one of the biggest shareholders in Mitsubishi Corp, Mitsui & Co, Itochu Corp, Sumitomo Corp and Marubeni Corp.
Buffett’s investment company, Berkshire Hathaway, has taken a 5% stake in each of the “sogo shosha”, or general trading companies, that play a vital role in the Japanese economy and are increasingly becoming global players.
Buffett’s investment company, Berkshire Hathaway, has taken a 5% stake in each of the “sogo shosha”, or general trading companies, that play a vital role in the Japanese economy and are increasingly becoming global players.
It is now more than obvious what the WB thinks about the US economy and it is only a question of what he will sell next, and in what he will invest outside the US market. In any case, bad news for the US market, which has the worst results (in the last quarter) in the last 73 years.
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