- Warren Buffett revealed that he has no plans to invest in India at present
- World’s top investor Warren Buffett made a statement at his company’s annual meeting
- In the meeting, Warren Buffett talked about the future planning regarding the next investment
The world’s top investor Warren Buffett announced the first quarter (January-March) results of his company Berkshire Hathaway yesterday. The annual meeting of shareholders of the company was also held during this period. The company has made strong earnings this quarter. During this period, the company’s profit increased by 39 percent compared to the previous year. The company during this period Rs. 92,719 crore profit was made. In this meeting, Warren also presented issues related to his next investment.
America first choice
When Warren Buffett was asked about his next investment plans, he named America as his first choice. Buffett said that America would be the first choice for his company if it wanted to make a big investment. Warren has already invested heavily in America. On why America would be the first choice, Buffett said that the companies here are very good. He said his company prioritizes investing in American companies whose businesses are spread around the world.
Satisfied with investment in Japan
When Buffett was asked how he now sees investments in Japanese companies? Regarding this, Buffett said that he is satisfied with the investment in Japan. Buffett increased his stake in 4 Japanese companies last year. Prominent among them are Marubeni, Mitsui, Mitsubishi and Sumitomo. Buffett has also invested in Chinese companies. In 2008, it invested in Chinese automobile company BYD. Buffett has now reduced his stake in the company.
Said this about India
Warren Buffett also expressed his views on investing in India. He was asked whether he is likely to invest in India in the future. In response, he said that there are many opportunities in a country like India. He said that he has no plans to invest in India at present.
