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Berkshire Hathaway, the holding company founded years ago by the "Oracle of Omaha", legendary Warren Buffett, has once again reset its all-time high. Berkshire's stock price has broken historical records as much as three times during this month, while the broad S&P 500 barometer of Wall Street, as well as the tech-heavy Nasdaq Composite, continued to plummet. A remarkable reference, Buffett company's market caps has increased by more than 50,000% over the past 40 years, significantly outpacing the growth of American and global benchmarks.

He was one of the first buyers of a huge stake in Apple Co, which at some point reached almost 30% of his portfolio, and he was right, but then he began to reduce this share when others were still increasing it. Time has proven right about the further slowdown of Apple's growth in favour of other companies. Buffett has also made headlines from his selling spree before the market corrections started, as Berkshire substantially raised its cash position to over $325 billion as dry powder, and these are just two examples. When Warren Buffett speaks, the market listens.

According to his firm's recent filings, Berkshire decided to increase its share in Japanese stocks. While many investment flows have been replaced out of America, and many traders have been making and discussing purchases of valuable assets in Europe, the indices of the Old World may also be close to peaking values, which is probably not the case in Asia. And when talking about Asia, it's not necessary to think only of heavily regulated China. The iShares MSCI Japan ETF outperformed U.S. indices in mid-March, trading up 6% vs the S&P 500, which is down nearly 3.5% year-to-date.

In particular, Berkshire Hathaway’s subsidiary in Japan, National Indemnity Company, raised its stakes in five of the country's largest trading houses to just below the 10% threshold. Official filings disclosed raising stakes of: Mitsui & Co., Ltd. (increased from 8.09% to 9.82% last month), Mitsubishi Corp. (increased from 8.31% to 9.67%), Sumitomo Corp. (increased from 8.23% to 9.29%), Itochu Corp. (increased from 7.47% to 8.53%), Marubeni Corp. (increase from 8.3% to 9.3%). However, the shares of stocks in certain companies can change dynamically, and the watching crowd will always learn about this after the fact. Investing directly in Berkshire shares seems a more reasonable decision than trying to copy-paste its activities across all markets and continents, which is most likely an impossible task.

Finally, let's just mention here one fundamental principle of Buffett, which apparently is useful for everyone to follow: when we buy a specific stock, we think of it as if we were buying an entire business, which allows us to think like a businessmen, instead of thinking of ourselves as stock speculators. But this does not mean that such a principle would not allow us to earn like speculators in the end.