Post #14418 by OrmontUS on the Berkshire Hathaway board

Pause to imagine what posts would you want to read here from others. It will likely be kinder, or involve original research with data, or be detailed and thorough, or all of the above. In response, aim to write your own posts in such a way. This will systemically produce the most valuable boards.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (14)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 0

"1,850,000 JPY worth of Sumitomo and cash position of -1,850,000"

I just did a sanity check and my Japanese yen account is at zero. I don't think I did any special setting (but who knows?). The way it is treating these transaction (at least in my case) is to fully transparently purchase enough yen (minus whatever my yen holdings already are) to procure the stock. Theey even return any "change" (generally a few bucks worth) left over after the transaction to my US dollar account.

I have not recently sold any foreign shares, but hopefully if I did, the proceeds would be retained in terms of the currency (but I guess I should check and not take it for granted)

Maybe Jim knows?

Jeff

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (14)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.