Berkshire Hathaway Is Betting Big on Little-Known Tokio Marine. Should You Buy the Stock Here?

Berkshire Hathaway (BRK.A) (BRK.B) doesn't make $1.8 billion bets lightly. The conglomerate is doubling down on Japan, and this time, it's not trading houses. Its subsidiary, National Indemnity Company (NICO), is set to acquire a 2.49% stake in Tokio Marine Holdings (TKOMY) for roughly ¥287.4 billion, or about $1.8 billion. www.barchart.com Why Berkshire Is Bullish on Tokio Marine Stock The deal gives NICO a meaningful ownership stake in one of Asia’s largest insurance companies. According to a company ...