After stellar fourth-quarter earnings, Warren Buffett, in his letter to shareholders revealed that Berkshire Hathaway Inc.’s BRK BRK performance exceeded his expectations. However, another important takeaway from his letter was Berkshire’s increasing investments in Japan.
What Happened: Terming it as a “small but important exception” to Berkshire’s U.S.-based focus, Buffett highlighted the company’s growing investment in Japan.
Operationally similar to Berkshire, these…