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Warren Buffett says 'we're not done' investing in Japan

'Oracle of Omaha' evasive on TSMC at Berkshire Hathaway's annual meeting

The 92-year-old Warren Buffett and 99-year-old Charlie Munger were on stage for five hours taking questions during Berkshire Hathaway's annual meeting in Omaha, Nebraska, on May 6. (Photo by Kenji Kawase)

OMAHA, U.S. -- Warren Buffett's Berkshire Hathaway has more investments in store for Japan, the billionaire told shareholders Saturday at the company's second in-person annual meeting since the start of the COVID-19 pandemic.

Asked by longtime business partner Charlie Munger to explain why Berkshire bought big stakes in Japanese trading companies Mitsubishi Corp., Sumitomo Corp., Mitsui and Co., Itochu and Marubeni, Buffett said the decision was "simple."

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