Buffett Benefit Huge From This 5 Trading Companies, Will the Winner Last?
@Capital_Insights:
What's the trend of commodities in 2022? In August 2020, on Warren Buffett's 90th birthday, Berkshire announced had invested 6,000 million dollars in 5 Japanese trading companies, namely$( ITOCHU)$, $(MARUBENI)$, $(MITSUBISHI)$,$( Mitsui & Co)$., and $(Sumitomo Corporation)$ ($(SUMITOMO)$). In Japan, these companies are more akin to investment banks or private equity firms, the Japanese companies that trade with a wide range of products and materials. At that time, Buffett’s cost take 5% of the total five companies shares. In August 2021, as commodity prices surged, the combined value of