How much did the "stock god" Buffett lose in the Japanese stock market turbulence? The latest financial reports of Japan's five major trading companies all warn of exchange rate risks
海角七号
发表于 2024-8-6 15:56:41
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How much did the "stock god" Buffett lose in the turbulence of the Japanese stock market? The latest financial reports of Japan's five major trading companies all warn of exchange rate risks. Buffett's holdings of Japan's five major trading companies, namely Itochu Corporation, Marubeni, Mitsubishi Corporation, Mitsui&Co., and Sumitomo Corporation, fell by 15%, 18%, 14%, 20%, and 18% respectively on the 5th, causing the cumulative decline of these stocks in the past three trading days to reach 26.43%, 35.2%, 24.02%, 34.14%, and 29.17%, with a total market value loss of about 117.67 trillion yen. According to Buffett's 9% stake in the five major trading companies, the three-day decline has caused the "stock god" Buffett to lose about 2 trillion yen (approximately 13.045 billion US dollars).
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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