Buffett's latest letter is filled with gems of wisdom. As always, I recommend reading the whole thing yourself. But if there's one overarching theme, it's this: Buffett thinks that patience, ...

WARREN Buffett said on Saturday (Feb 22) that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese trading houses it holds. Read more at The Business Times.

Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.