BRK.A Berkshire Hathaway-A
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Berkshire Hathaway Plays the Yen Carry Trade -- the Right Way -- Barrons.com
Is it time to increase holdings in the Japanese trading company favored by Buffett as its valuation plummets?
Warren Buffett's favorite Japanese trading company is even cheaper, perhaps giving the billionaire another opportunity for shareholding. As of Monday's close, Buffett's holding in the Japanese trading company was worth around 980 billion yen ($6.7 billion), but with the rebound of the Japanese stock market, the evaporation had shrunk to around 550 billion yen by Wednesday's close. "If he can buy these stocks at a cheaper price, it would be a good deal," said Mineo Bito, President and CEO of Bito Financial Service Co., who has been involved with Buffett's Berkshire since 2014.
Japan's five major trading companies fall into the gold pit! "Stock market believers" buy on dips and wait for the wind to rise.
The five major Japanese trading companies that Buffett holds have undoubtedly become "cheap goods" since the Japanese stock market plunged in mid-July. Due to recent concerns about the continuous rise of the yen in the market, the stock prices of these five major trading companies have dropped sharply in the recent Japanese stock market crash.
After the sharp decline in Japanese stocks, is this a good opportunity for Buffett to buy more shares?
Various signs convey a 'buy low' signal: the stock prices of the five major trading companies have plunged, with a market capitalization evaporation of nearly 7 billion US dollars; the expected Price/Earnings ratio of two companies has dropped to the level of Buffett's shareholding last year; after a large-scale reduction of Apple holdings in the second quarter, Berkshire Hathaway has a record-breaking cash reserve.
Warren Buffett buys heavily into short-term US Treasury bonds, with holdings of $234.6 billion, more than even the Federal Reserve. Why is he so bullish on short-term bonds?
Added 105 billion USD worth of US bonds in the past six months.
Buffett holds more treasury bonds than the Federal Reserve.
Berkshire Hathaway's Q2 announcement showed that the company, led by Warren Buffett, increased its shareholding in US short-term Treasury bills, from $1.53 billion in the previous quarter to $2.34 billion. Data shows that this amount exceeds the Treasury bills held by the Federal Reserve at the end of the same period - approximately $195.3 billion as of the week of July 3rd.
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Berkshire Hathaway Beats Earnings Estimates, Sells Stock in Apple
Berkshire Hathaway Stock (NYSE:BRK.B): Don't Panic Following Halving of Apple Stake
Warren Buffett's Stock Empire Loses $15bn in Global Market Crash
Nasdaq, S&P, Dow Sink as Recession Worries Ignite a Global Market Selloff
All seven giants of the US stock market plummeted: a total market value of 1.3 trillion US dollars evaporated.
Due to concerns about the recession in the United States economy and the impact of Warren Buffett's Berkshire Hathaway selling Apple stocks, the seven giants of the American stock market all suffered heavy losses at the opening on Monday, breaking the industry's months-long rebound. Judging from the opening situation, the three major stock indexes opened low, with the Dow Jones Industrial Average opening down 2.69%, the S&P 500 down 4.15%, and the Nasdaq down 6.33%. Apple fell 9.6%, Microsoft down 4.8%, Nvidia down 14.3%, Google down 6.5%, Amazon down more than 8%, Meta down 7.18%, and Tesla down more than 10.85%.
Trending: Berkshire Hathaway Sells Nearly Half Its Apple Shares
'Not a Time to Panic:' Wedbush Pounds Table for Tech Trade Amid Global Sell-off
10-Q: Q2 2024 Earnings Report
Berkshire Hathaway's Q2 Net Earnings Fall, Revenue Rises
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