Warren Buffett: Warren Buffett talked about investment in India, know
The world’s top investor Warren Buffett yesterday announced the first quarter (January-March) results of his company Berkshire Hathaway. During this period, the annual meeting of the company’s shareholders was also held. The company has made strong earnings in this quarter. During this period, the company’s profit increased by 39 percent compared to last year. During this period the company made Rs. Profit was Rs 92,719 crore. In this meeting, Warren also discussed things 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 if his company wants to make any big investment, America will be its first choice. 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 that his company gives priority to investing in American companies whose business is spread across the world.
Satisfied with investment in Japan
When Buffett was asked how he now views investing in Japanese companies? Regarding this, Buffett said that he is satisfied with the investment in Japan. Buffett had 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 he 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 investment in India. He was asked whether he was 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 at present he has no plans to invest in India.
