Buffett Favors Japan Over Taiwan as He Laments Geopolitics
- Urges China and the US not to push too hard on rivalry
- Signals willingness to invest more in Japanese companies
Warren Buffett
Photographer: Houston Cofield/BloombergThis article is for subscribers only.
Warren Buffett said he prefers deploying capital in Japan instead of Taiwan, lamenting how geopolitics led his firm to cut stakes in the island’s chip-maker giant.
Taiwan Semiconductor Manufacturing Co. is one of the best managed and most important companies in the world, Buffett said at Berkshire Hathaway Inc.’s annual meeting on Saturday. “There’s nobody in the chip industry that’s in their league,” he said.