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 popular shares over money, regardless of the conglomerate’s huge money hoard. He additionally lauded successor Greg Abel for his means to choose alternatives — and in contrast him to the late Charlie Munger.

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