I have been suggested that a way to "move the needle" for BRK is to add foreign stocks. Their toe has been dipped into five Japanese stocks. All good and in a stable environment. A post here recently suggested they might try China and India next. Both countries have numerous opportunities. I would point out that there is an element of geographic/geopolitical risk which overlays various parts of the world.

Admittedly, I am a foreign investment junkie - with a substantial part of my portfolio (over a number of decades) consisting of foreign stock (both native and as ADRs).

I have a (proportionally) small pile of worthless Lukoil stock as a vestige of the Ukraine/Russia war. I am also leery about some Chinese companies whose shares I own. It is not beyond the realm of possibility that, assuming a trauma involving Taiwan, these arbitrarily end up on a "taboo" sanction list. A significant change in Indian politics or a flair-up with Pakistan could effect the efficacy of their equities. For that matter, it is a non-zero probability with whacko decision-making with an America-first target outlawing the ownership of most foreign shares by USians.

These are risks that I have been willing to take (despite having my nose bloodied), but are they risks BRK's shareholders would be comfortable with if management started dabbling in dark magic?

Jeff

Berkshire Hathaway FAQ

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