Buffett stated that he has no plans to sell his shares in Japan’s five major trading houses for a long time, noting that these companies have an excellent track record. Berkshire Hathaway will also continue to strengthen its ties with Japanese companies, with approximately $20 billion already invested in Japan.
In the next 50 years, we won’t give a thought to selling those.
Buffett’s designated successor, Greg Abel, said they envision holding the stocks of the Japanese trading companies for at least 50 years—or possibly forever.
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