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 launched Saturday his annual letter to shareholders.
In it, the CEO of Berkshire Hathaway talked about how he nonetheless hottest shares over cash, whatever the conglomerate’s giant cash hoard. He moreover lauded successor Greg Abel for his ability to decide on alternate options — and in distinction him to the late Charlie Munger.