Berkshire Hathaway has sold billions worth of stock over the last three years, with limited investment opportunities available. Buffett began investing in companies in 2019 and believes his successor, Greg Abel, will continue to invest in them in the future. Buffett emphasizes long-term investments but clarified Berkshire may not hold all securities forever. Berkshire recently increased stakes in two stocks expected to be held indefinitely. Buffett acknowledges the challenge of finding good value in the stock market due to record-high valuations. Berkshire has deployed over $400 million in Mitsubishi and Mitsui, two of the largest Japanese trading houses, with diverse business operations. Mitsubishi and Mitsui offer value, trading below book value, and benefited from a trade agreement between the U.S. and Japan. Buffett praises the management of the trading houses and sees potential for future partnerships. Berkshire has permission to exceed a 10% stake in these companies and may continue adding to its holdings. Warren Buffett has added over $400 million to Mitsubishi and Mitsui, two stocks he plans to hold forever. Buffett sees potential for collaboration with the Japanese trading houses and expects his successor, Greg Abel, to work with them in the future. Buffett’s investments in Mitsubishi and Mitsui offer attractive valuations and growth opportunities. Buffett’s strategy of long-term investments and partnerships with the trading houses aligns with Berkshire’s goals and values.

Read more at Yahoo Finance: Warren Buffett Just Added Over $400 Million to These 2 Stocks He Plans to Hold Forever