Buffett Goes To Japan - & Buys These Stocks
Warren Buffett loaded up on some cheap Japanese companies over the past few days.
It was probably a great buy.
I have always loved Japanese companies as the management teams are ultra conservative, they keep a ton of cash on hand and equities in Japan tend to trade at cheap valuations.
In fact, I have made a ton of money buying Japanese net-nets in the past — a strategy that Buffett killed it on in his younger days.
The recent allocation back to Japan from Buffett looks really interesting so we dug deeper into the names he bought.
Let’s dig in….
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