EP 254. Warren Buffett is Investing in Japan. Now What?
Focused Compounding
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Buffett's Investment in Airlines and Railroads
Buffett lost money on airlines, but made money in railroads. Berkshire can't do things in Japan because of reaction that the Japanese companies would have to Berkshire buying a lot of their stock. If he bought too much of their stock, it would be seen as being hostile and so that presents a big problem.
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Transcript
