The billionaire’s annual letter to shareholders praised saving and attacked dividends as usual, but it also contained plenty of advice for the US president.
Shares of five Japanese trading houses were on a tear after Buffett wrote in Berkshire Hathaway's annual shareholder letter on Saturday that it would increase its investment in the companies. Berkshire first started buying shares in five Japanese trading house giants — Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo — in July 2019.