Sumitomo: Analyzing Buffett’s Investment in This Japanese Powerhouse
🇯🇵 Berkshire Hathaway began buying shares of Sumitomo, one of Japan's largest companies, almost six years ago, attracted by its diversified business model similar to Berkshire's.
📊 Sumitomo operates across multiple industries, including energy, manufacturing, technology, and financial services, providing a broad and stable investment base.
🧐 Buffett was surprised by Sumitomo's financial records and low stock prices, leading to increased admiration and investment over the years.
