Warren Buffet is one of the richest people in the world. His fortune was made buying stocks, in other words he is the OG trader. Just see his results below.
High number is π
Buffet is old, 90 YEARS OLD!
It is reasonable that Buffet conducts most of his business remotely without the need to travel much. Because:
He is personally worth $85 billion, his company is worth $700
He is old
Something curios happened last week, buffet showed up in JAPAN.
6,125 miles (9,857 kilometers) away from home. 90 year old on an 11 hour flight.
Must be something important, that has to be done in person!
See the interview with Buffet below:
Buffet claims he went to Japan to buy the following companies and meet with them.
Mitsubishi Corp., Mitsui & Co., Itochu Corp., Marubeni and Sumitomo
Seriously ? π€
NO.
Letβs back up. Zoom Out.
Who is the biggest foreign holder of US debt?
JAPAN
Buffet is betting on US debt, US dollar, and went to Japan to meet with the new Japanese Central Bank Governor Kazuo Ueda, who runs the show.
Probably giving US assurances and seeking Japanese assurances to stay friends.
Till next week.