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Legendary Investor Buffett Bets Big on Japan, Eyes More Opportunities

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Overview

  • Warren Buffett's Berkshire Hathaway boosted its stakes in five Japanese trading houses and plans further investments in the country.
  • Buffett cited the companies' high earnings yields and growing dividends as reasons for the increased investments.
  • Berkshire Hathaway is holding the new stakes for the long term and is open to deal-making with the trading houses.
  • Buffett's bullishness on Japan boosted investor sentiment about the country's stock market.