Berkshire Maintains Buffett’s Bullishness on Japan with $1.8 Billion Tokio Marine Deal

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. When Greg Abel succeeded Warren Buffett as Berkshire Hathaway CEO earlier this year, he made clear he wouldn’t be saying sayonara to the Oracle of Omaha’s way of thinking. On Monday, the cash-flush Berkshire affirmed that position by shopping in one of Buffett’s favourite places, Japan, for some kosupa (that’s bang for your buck, roughly speaking). A deal to acquire a 2.5% strategic stake ...