Warren Buffett And His Successor Greg Abel Say Berkshire Hathaway Could Hold This $20B Bet For '50 Years Or Forever'
What began quietly years ago has grown into a defining long-term play for Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), as the company signals no intention of slowing down or reassessing its $20 billion bet on Japanese trading companies, amid a changing macro climate. What Happened: On Saturday, during Berkshire’s annual shareholder meeting, Warren Buffett addressed a question from the audience regarding the company's investments in Japan and his outlook on the same in light of a potential inte