Inside Time: Warren Buffett's 5 Japanese Purchases

Inside Time: Warren Buffett's 5 Japanese PurchasesJapan has freed itself from decades of deflation and its stocks are attractive again. Back in 2020, old Buffett really spooked the markets when he announced a massive $6 billion bet on five Japanese trading houses. The guru's personal visit to Tokyo in April of this year confirmed the eastern vector for his capital.Unlike bullies like Ark Invest's Cathy Wood, Buffett has little interest in stocks with short-term potential, preferring to focus on safety, long-term profits and dividends. So the Japanese papers in his portfolio can hardly be called a speculator's dream.Recall: Buffett invested in the largest conglomerates (sogo shosha)  Itochu Corp (OTC: ITOCY), Mitsui & Company (OTC: MITSY), Mitsubishi Corp. (OTC: MSBHF), Marubeni Corp. (OTC: MARUY) and Sumitomo Corp. (OTC: SSUMY).Now these trading houses receive the main income from non-commercial activities. They have moved from simple import-export operations to complex business management, their capital is pouring into logistics, real estate, frozen food, aerospace, electric vehicles and renewable energy.Sogo shosha companies maintain a high financial rating, pay dividends between 2.5% and 3.5%, and, in fact, have a clear resemblance to Berkshire Hathaway. And Warren always invests only in the business that he understands perfectly.And what is the result?Oracle of Omaha, with his classical philosophy, was right again. In less than three years, these five stocks are up about 180% and are now worth $17 billion in Berkshire Hathaway's (NYSE: BRKa) portfolio.Last Thursday, the Nikkei, Japan's main stock index, after five consecutive positive sessions (+6.8%) hit a new all-time high of 33,805 points. Draw conclusions  you can still have time to join the profitable Japanese trend.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket