Friday File: Buffett goes East, Bassy Impresses, and what’s that “Fedcoin” fear about?
April 14, 2023 at 17:13 PM EDT
Warren Buffett made another CNBC splash with an interview with Becky Quick this week, mostly talking about buying more shares of the big Japanese trading houses/industrial conglomerates (Mitsubishi, Mitsui, Itochu, Marubeni and Sumitomo), which are still pretty cheap (PE in the 6-8 range) and have done very well since he first put on those positions. […]