Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%.
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Warren Buffett absolved Saturday his annual letter to shareholders.
In it, the CEO of Berkshire Hathaway mentioned how he nonetheless most well-liked shares over money, regardless of the conglomerate’s immense money hoard. He additionally lauded successor Greg Abel for his talent to pick out alternatives — and when compared him to the past due Charlie Munger.