How Berkshire Is Quietly Buying Japan Again

Berkshire Hathaway is adding to its Japanese trading house positions, and the timing says a lot about how Greg Abel thinks about value today. Lucas and Luna dig into the specific yen-denominated bonds Berkshire just issued, the five trading houses it owns, and why a flat rate environment makes the carry trade work so well for a company with Berkshire's cost of capital. They also connect the dots to the broader softbank and Korean value-up stories — and discuss what happens when the yen finally moves. Plus, a brief moment on how listener support keeps this show ad-free. #BerkshireHathaway #GregAbel #JapaneseTradingHouses #Mitsubishi #Mitsui #Itouchu #Marubeni #Sumitomo #ValueInvesting #CarryTrade #Yen #WarrenBuffett #Finance #FexingoBusiness #BusinessPodcast #LongTermInvesting #GlobalInvesting #CapitalAllocation Keep every episode free: buymeacoffee.com/fexingo