{"id":182402,"date":"2022-11-22T15:01:00","date_gmt":"2022-11-22T20:01:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/traders-insight\/buffetts-looking-east\/"},"modified":"2023-02-28T12:40:00","modified_gmt":"2023-02-28T17:40:00","slug":"buffetts-looking-east","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/buffetts-looking-east\/","title":{"rendered":"Buffett\u2019s Looking East"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-what-s-going-on\">What&#8217;s going on?<\/h2>\n\n\n\n<p>Warren Buffett\u2019s Berkshire Hathaway upped its stake in Japan\u2019s five biggest trading houses, according to news out on\u00a0Monday.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-does-this-mean\">What does this mean?<\/h2>\n\n\n\n<p>Buffett sings the praises of American enterprise, but he\u2019s not shy about looking further afield when things get pricey on home turf. And lately the Far East seems to have caught his and Berkshire\u2019s eye with the firm pouring even more money into Japan\u2019s mega trading firms, or \u201csogo shosha\u201d, shortly after claiming a $5-billion chunk of Taiwanese chipmaker TSMC. And it looks like there\u2019s more to come: when Berkshire picked up its original 5% stake in each firm back in&nbsp;<a href=\"https:\/\/www.cnbc.com\/2020\/08\/30\/warren-buffetts-berkshire-hathaway-buys-stakes-in-japans-five-leading-trading-companies.html\">August<\/a>&nbsp;2020, it hinted that there was room to buy up to 9.99%. That might be why the sogo shoshas\u2019 stock prices inched higher when the latest news broke.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-should-i-care\">Why should I care?<\/h2>\n\n\n\n<p><strong><em>Zooming out:&nbsp;<\/em><\/strong><em>Read between the lines.<\/em><\/p>\n\n\n\n<p>You might not have Warren Buffett on speed dial, but you can get a sense of what he\u2019s thinking without a one-on-one catch up: Berkshire\u2019s bulked-up stakes in the Japanese trading firms could tell us something about Buffett\u2019s views on inflation. After all, these businesses make money by importing, trading, and investing in all sorts of commodities, from oil to metals and textiles \u2013 and the more those materials cost, the bigger the firm\u2019s profit. Reading between the lines, then, this move suggests Buffett could be betting on raw materials getting&nbsp;<em>more<\/em>&nbsp;expensive down the line.<br><br><strong><em>The bigger picture:&nbsp;<\/em><\/strong><em>Benjamin Buffett.<\/em><\/p>\n\n\n\n<p>It looks like the Oracle of Omaha is having a Benjamin Button moment, switching back to his youthful investing style at the twilight of his career. Buffett\u2019s been the poster boy for \u201cquality investing\u201d for decades: that\u2019s a safe, stable investment strategy that focuses on buying great businesses at fair prices. But recent moves \u2013 like his big buys in Occidental Petroleum and TSMC \u2013 have seen Buffett wade into riskier, more volatile industries, in a throwback to his early \u201cone-last-cigar-puff\u201d bargain-hunting days.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted November 21, 2022 &#8211; <a href=\"https:\/\/go.finimize.com\/wp\/news\/buffetts-looking-east\/\">Buffett\u2019s Looking East<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett\u2019s Berkshire Hathaway upped its stake in Japan\u2019s five biggest trading houses, according to news out on Monday.<\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,6,8,9,22,26,3],"tags":[1299,1631,12129,44,3108],"contributors-categories":[13597],"class_list":{"0":"post-182402","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-asia","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-stocks","11":"category-text-articles","12":"category-traders-insight","13":"tag-berkshire-hathaway","14":"tag-japan","15":"tag-japanese-stocks","16":"tag-stocks","17":"tag-warren-buffett","18":"contributors-categories-finimize"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - 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