Warren Buffett has plans for 'bigger fish to fry' and needs Japanese stocks to make it happen, says Mark Mobius
later in the day, Mobius speculated that Buffett likely has something else up his sleeve.
"I just thought these were big companies. They were companies that I generally understood what they did," he."And they were selling at what I thought was a ridiculous price, particularly the price compared to the interest rates prevailing at that time." Buffett and Greg Abel, his planned successor, are open to potential opportunities and have encouraged the Japanese companies to reach out.
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