Berkshire probably will hold the shares of the five Japanese trading companies for the “next 50 years,” CEO Warren Buffett told the crowd at the company’s annual meeting.
Those holdings, which totaled about $24 billion at the end of last year, are close to the 10% limit that Berkshire has agreed to. Buffett said limit could be relaxed somewhat.
Buffett said: “Size is an enemy of performance at Berkshire.”
DJ Kamal Mustafa
I’m DJ Kamal Mustafa, the founder and Editor-in-Chief of EMEA Tribune, a digital news platform that focuses on critical stories from Europe, the Middle East, Africa, and Pakistan. With a deep passion for investigative journalism, I’ve built a reputation for delivering exclusive, thought-provoking reports that highlight the region’s most pressing issues.
I’ve been a journalist for over 10 years, and I’m currently associated with EMEA Tribune, ARY News, Daily Times, Samaa TV, Minute Mirror, and many other media outlets. Throughout my career, I’ve remained committed to uncovering the truth and providing valuable insights that inform and engage the public.
