Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%.

Bloomberg | Bloomberg | Getty Photos

Warren Buffett launched Saturday his annual letter to shareholders.

In it, the CEO of Berkshire Hathaway mentioned how he nonetheless most well-liked shares over money, regardless of the conglomerate’s large money hoard. He additionally lauded successor Greg Abel for his capacity to choose alternatives — and in contrast him to the late Charlie Munger.

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