re: "Warren Buffett invests $6 billion in Japan's five biggest trading houses"

[jaysabi]

For some reason, user Lucius deletes comments from a thread he started.  My guess is he doesn't like being corrected on his wildly inaccurate posts.  So here's a proper discussion that is not moderated. 

After Warren Buffett surprised the business world by investing in a gold mining company (by buying a stock worth $565 million), this did not seem to be an isolated case, because as much as $6.3 billion is invested in "Japan’s five biggest trading houses".

It is now more than obvious what the WB thinks about the US economy and it is only a question of what he will sell next, and in what he will invest outside the US market. In any case, bad news for the US market, which has the worst results (in the last quarter) in the last 73 years.

The response that was deleted:

Berkshire has how many hundreds of billions invested in the US market and US companies? And you think $6 billion in Japan demonstrates he’s bearish on the US market?  Buffet likes investing on favorable terms, and the five biggest trading houses that dominate the Japanese market represent exactly that- a chance to put capital to work in a group of businesses that dominate a market with few outside competitors. It’s not an indication of what he thinks of the US economy at all.


You can argue back or ignore it, but one thing you can't do here is delete the message because you disagree with it.  Maybe grow up a bit.

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[jackg]

I do think some people over fixate on Warren buffets strategy. His current one has moved away from wealth creation to maintaining the value he has built up from. His strategy and ultimately to keep the insurance company's reserves high.

Although lucius probably considered your post spam in that thread or something previously overdiscussed.

Japan imo has a very stable stock market and the oldest still functioning company in the world (the top ten only has Japan, Germany, France, Austria and the UK) .

[The Sceptical Chymist]

I do think some people over fixate on Warren buffets strategy. His current one has moved away from wealth creation to maintaining the value he has built up from. His strategy and ultimately to keep the insurance company's reserves high.

I'm not so sure Buffett's investing strategy has moved an inch away from wealth creation.  He's always looking for low-risk investments that other investors have overlooked--and I think that's exactly what he did with the Japanese companies he got involved in.

Although lucius probably considered your post spam in that thread or something previously overdiscussed.

That post didn't look like spam to me, so I don't know why Lucius deleted it, but that's his prerogative in a self-moderated thread and that's the risk you take when you post in one.  Just roll with it, OP.

[NeuroticFish]

You can argue back or ignore it, but one thing you can't do here is delete the message because you disagree with it.  Maybe grow up a bit.

There were many others telling that it's only diversifying and it's not actually a bet against US economy. I don't think it's related to arguing against him or being repetitive.
I don't understand why it was removed (it could be smth personal or a mistake?). But as said, it's in a self-moderated topic...

Berkshire has how many hundreds of billions invested in the US market and US companies? And you think $6 billion in Japan demonstrates he’s bearish on the US market?  Buffet likes investing on favorable terms, and the five biggest trading houses that dominate the Japanese market represent exactly that- a chance to put capital to work in a group of businesses that dominate a market with few outside competitors. It’s not an indication of what he thinks of the US economy at all.

I think that Japan had some bad time and now it may recover and that's what WB is betting on. As simple as that. And I also agree: it's not related to US economy.

[Lucius]

For some reason, user Lucius deletes comments from a thread he started.  My guess is he doesn't like being corrected on his wildly inaccurate posts.  So here's a proper discussion that is not moderated. 
You can argue back or ignore it, but one thing you can't do here is delete the message because you disagree with it.  Maybe grow up a bit.

Your post has been deleted for the reason that you made a quote of the entire OP to write your post which is completely unnecessary - and only 2 posts have been deleted, including your. Maybe you can learn how to use quote in a more appropriate way - judging by your post history you have serious problems with that.

[jjigoku]

I do think some people over fixate on Warren buffets strategy. His current one has moved away from wealth creation to maintaining the value he has built up from. His strategy and ultimately to keep the insurance company's reserves high.

That is one of the reasons why Buffet's strategy won't work out for a regular person.
Another one is - you don't need to invest in something with extreme growth rate to gain decent profit, simply because of your wealth you already have.
Moreover, sometimes you don't even need the profits when you have enough investments so you can live off of dividends solely.

[mu_enrico]

@OP, your post history is fine, there is no almighty user in this forum to tell you what to do except mods and admin ofc.

Anyways,
US Market is the biggest market therefore the growth rate is limited, and knowing this, smart investors would put their money somewhere else with better growth projection. Or probably it's just to get the most efficient portfolio.

https://www.investopedia.com/terms/e/efficientfrontier.asp

[jaysabi]

For some reason, user Lucius deletes comments from a thread he started.  My guess is he doesn't like being corrected on his wildly inaccurate posts.  So here's a proper discussion that is not moderated.  
You can argue back or ignore it, but one thing you can't do here is delete the message because you disagree with it.  Maybe grow up a bit.

Your post has been deleted for the reason that you made a quote of the entire OP to write your post which is completely unnecessary - and only 2 posts have been deleted, including your. Maybe you can learn how to use quote in a more appropriate way - judging by your post history you have serious problems with that.

I usually don't mess with people's quotes so I can't accused of creating a strawman to argue against or selectively framing someone else's argument.  I find it's best to allow the full context to be presented.  People are smart enough to know how to be able to differentiate between the quoted part of the post and the response.  And if they want the full context of what is being responded to, it's right there at the ready instead of having to go back and hunt for the preceding post to get the proper context.  Further, the OP post I quoted in your thread isn't even that long.  Your excuse on the removal is nonsense.

[jaysabi]

I do think some people over fixate on Warren buffets strategy. His current one has moved away from wealth creation to maintaining the value he has built up from. His strategy and ultimately to keep the insurance company's reserves high.

I'm not so sure Buffett's investing strategy has moved an inch away from wealth creation.  He's always looking for low-risk investments that other investors have overlooked--and I think that's exactly what he did with the Japanese companies he got involved in.

Although lucius probably considered your post spam in that thread or something previously overdiscussed.

That post didn't look like spam to me, so I don't know why Lucius deleted it, but that's his prerogative in a self-moderated thread and that's the risk you take when you post in one.  Just roll with it, OP.

1.  This is the view I hold.  The Japanese companies he bought a piece of represent a good return for the risk.  Berkshire Hathaway is a public company with a fiduciary duty to shareholders, so they're not going to just stop trying to create wealth because Warren Buffet is old.  Logically it doesn't make sense, and legally they couldn't do that.  The company will continue on after Warren Buffet is gone, and Buffet himself doesn't even make all the calls.  He has hand-picked successors who are currently running billions of dollars of investments without input from Buffet and who will continue the the operation of the company in the same vein as it has been run since Buffet took it over (back when it was a textile manufacturer).

2.  Yeah, my fault.  I guess I just expect people are decent enough to allow open discussion, even in a self-moderated thread.  I rolled with it all right... right into a new unmoderated thread.