Warren Buffett Shifts Berkshire Hathaway Investments to Japanese Trading Houses
- Berkshire Hathaway sold 117 million Bank of America shares, valued at $5.5 billion.
- The firm accumulated a $334 billion cash position by late 2024.
- Berkshire increased stakes in five Japanese trading houses: Itochu, Sumitomo, Marubeni, Mitsubishi, and Mitsui.
- Mitsui holdings rose from 8.09% to 9.82%, and Mitsubishi from 8.31% to 9.3%.
Berkshire Hathaway strategically shifted investments by selling US equities and increasing stakes in Japanese trading companies, resulting in a substantial cash reserve of $334 billion by late 2024.
Source (2.6)https://dailyhodl.com/2025/03/21/billionaire-warren-buffett-shifts-capital-to-several-assets-after-dumping-bank-of-america-executing-timely-us-equity-market-exit/?rand=59076
