Japanese stocks surged, and Buffett's unrealized profit reached nearly $2 billion in a single day.
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According to ME News, on February 10th (UTC+8), Monday local time, the Nikkei 225 index rose by over 2000 points, breaking the 56,000-point mark for the first time in history—this also brought the market value of Berkshire Hathaway's investments in Japanese assets, namely the five major trading companies, to over $41 billion. Since 2019, Warren Buffett, who has stepped down as CEO of Berkshire Hathaway, has made a series of large-scale bets on Japanese stocks. Monday's surge in the Tokyo stock market boosted the share prices of related stocks, resulting in a single-day unrealized profit of nearly $2 billion. Based on details released in Berkshire Hathaway's financial report, its investment cost was approximately $13.8 billion, meaning this investment has nearly doubled in value. (Source: ME)
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