Warren Buffett hopes to boost stakes in Japan trading houses

Legendary U.S. investor explains plan in annual letter to shareholders

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Legendary investor Warren Buffett also urged Washington to maintain a stable currency and take care of those who get "short straws in life" in an annual letter to shareholders. © Reuters

HIROFUMI TAKEUCHI

NEW YORK -- Warren Buffett plans to increase Berkshire Hathaway's holdings in Japan's five largest trading houses, the billionaire investor said Saturday in his annual letter to the company's shareholders.

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