Subject: Re: BRKB $359/B share
It's profitable for him to do so? Japanese Interest rates remain low (around 1%?) so he is able to borrow at really cheap rates there and use that money to buy higher yielding assets.
Great answer. I hadn't realized that Japan still has negative interest rates. Seems like a fantastic deal to borrow at 0% and get something reliably stable with a 3.6% dividend yield, and all the more so if you bought it most of it in 2020 at a third of today's price (10% yield), or more a year ago at just over half of today's price (6% yield).
dtb