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September 01, 2020 1:28pm
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Friday File: Buffett goes East, Bassy Impresses, and what’s that “Fedcoin” fear about?

Warren Buffett made another CNBC splash with an interview with Becky Quick this week, mostly talking about buying more shares of the big Japanese trading houses/industrial conglomerates (Mitsubishi, Mitsui, Itochu, Marubeni and Sumitomo), which are still pretty cheap (PE in the 6-8 range) and have done very well since he first put on those positions. […]
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