9 days ago • 4:15 mins
If you had an investing moodboard, you’d probably have at least four photos of Warren Buffett surrounded by pink hearts. So now that Buffett’s Berkshire Hathaway (BRK/B US) has upped its stakes in the five biggest Japanese commodity-trading companies, let’s flesh out why you may – or may not – want to take the hint.
Berkshire announced a 5% stake in each of these five Japanese commodity-trading firms back in August 2020: Itochu Corp (8001 JP), Mitsubishi Corp (8058 JP), Mitsui Corp (8031 JP), Marubeni Corp (8002 JP), and Sumitomo Corp (8053 JP). And as you can see in the chart below, so far they’ve notched stellar returns in yen that range from Itochu’s 97% to Marubeni’s 248%.
The global investment firm has updated its outlook for 2023. So Stéphane’s taken a look at how it sees things going and what you can do to prepare for it.
Big fund managers and retail investors alike are starting to see its beauty, but as Russell notes, you can still buy this long-shunned asset at good prices.
Even if you don’t live in the UK like Jon, he thinks you could do pretty well for yourself following the philosophy, strategy, and investments of one of his favorite funds.