Be as clear and concise as possible in your posts, and avoid using jargon or unnecessarily complex language. Use proper spelling and grammar, and make sure that your posts are easy to understand.
- Manlobbi
Halls of Shrewd'm / US Policy❤
No. of Recommendations: 1
secret stock is Japanese? From the wall st j, “ It took over 34 years, but trading floors across Tokyo today erupted in cheers and applause at the end of the market session. The Nikkei 225 (NKY:IND), Japan's main stock index, closed at a new all-time high above 39,000, following a record run last seen during the country's late-1980s asset bubble. In fact, the Nikkei has been the world's best-performing major index in 2024, surging 17.5% only two months into the year and trouncing the impressive near 5% advance of the S&P 500.
Why so hot? There are several factors at play, with many seeing a new era for the Japanese market. A falling yen and the fading promise of China have lured foreign investors (like Berkshire's Warren Buffett) and boosted earnings of heavyweight exporters. Additional bright spots have been the corporate governance changes that have sent stock buybacks soaring, while excessive cash balance sheets have declined, as well as strategic crossholdings between conglomerates. It also comes amid optimism that Japan has finally escaped from the doldrums of deflation, and big industry that has been pumping in investment from semiconductors to artificial intelligence.
"Japan is re-emerging from its multi-decade long hibernation with multiple government initiatives that have held back share valuations starting to reverse course, for both Japanese shares and the yen," SA analyst Dan Stringer wrote back in December, when determining the "Best Idea for 2024." He recommended the iShares MSCI Japan ETF (EWJ), highlighting that it traded at a 15x multiple, compared to the over 26x earnings multiple of the S&P 500 (SP500). However, the "biggest risk is that the government bodies start to lose confidence in the policy pivots" for reasons that include "wage inflation not taking hold like it is currently anticipated."
No. of Recommendations: 6
secret stock is Japanese?
Foreign shares (and OTC shares) do not appear on 13Fs so they don't require confidential treatment. We know the big 5 holdings of Berkshire in Japan: Itochu, Mitsubishi, Marubeni, Sumitomo and Mitsui.
No. of Recommendations: 3
secret stock is Japanese?
If it were, there would be no reason to ask the SEC for confidentiality.
Purchases of non-US stocks are not subject to SEC disclosure.
The reason for the disclosures is to let the government track who is controlling US firms, not to let everybody know what is in all the portfolios.
Jim
No. of Recommendations: 0
guest on cnbc bets WB is buying AMZN.....WB and CM did always like the stock, who knows...
No. of Recommendations: 0
I'll throw in a guess of Schwab.
No. of Recommendations: 0
a talking head on CNBC opined that WEB's secret purchase was AMZN...
No. of Recommendations: 1
It's not a financial so it's not amazon
No. of Recommendations: 0
Would it take 6 months plus to build a position in amzn ?
No. of Recommendations: 1
Amazon is also already in the 13F.
No. of Recommendations: 6
"Amazon is also already in the 13F."
this is why guys like Josh Brown are dangerous. Says he owns Berkshire but often misspeaks about many details regarding the company.
A serious investor with a holding in Berkshire would already know the firm holds Amazon.
No. of Recommendations: 2
One thing I wonder, although I haven't researched this, but it pertains to column 7 Other Managers on the 13-F. When there are multiple rows in the 13F for the same security, they seem to all differ by ownership as indicated in column 7. Is it possible that Berkshire could exclude a single row of Amazon holdings based on the sub-entity that holds that security, while continuing to reveal the other Amazon rows?
No. of Recommendations: 3
I just noticed that Wisdom Tree has a Japanese equities ETF that hedges out the currency moves. So you get the appreciation of the stocks without worrying about how the Yen and the Dollar are moving. Expense ratio is pretty high, but not absurd. The ticker is DXJ. The hedge helps you if the Yen is declining against the dollar and hurts you if the Yen is gaining against the dollar.
I gotta think about this.
