93-year-old Warren Buffett earned 293 trillion in just one year: Revealing 3 investments that keep m

How did the legendary Warren Buffett earn tens of billions of dollars in 2023 alone?
Investment legend Warren Buffett has earned nearly 12 billion USD (about 293 trillion VND) in 2023. In particular, Buffett's Berkshire Hathaway shares have increased by nearly 15%, making Buffett's assets increasingly increase. During the third quarter ending September 30, 2023, billionaire Warren Buffett bought back Berkshire Hathaway shares worth about $1.1 billion. During the first nine months of last year, Berkshire Hathaway bought back shares worth approximately $7 billion.

Veteran investor Warren Buffett, also known as the Oracle of Omaha, is among the richest people in the world with a net worth of more than $130 billion (according to Forbes). By the end of December 2022, he owned about 108 billion USD.

Japanese stocks: The door to success in 2023
Despite soaring inflation over the past few years, Japan has kept interest rates at -0.1%, in stark contrast to US interest rates, which are at a 23-year high. Realizing the opportunity to profit from price differences, Buffett pumped money into Japanese stocks and bonds. Japanese stocks are the largest non-US investment in Buffett's portfolio. As of mid-November 2023, Berkshire Hathaway holds about 827 million USD in bonds denominated in Japanese Yen.
Berkshire Hathaway also maintains a 7.4% stake in five major companies in Japan, namely Itochu Corp., Marubeni Corp., Mitsubishi Motors, Mitsui Group and Sumitomo Corp. In an interview with Nikkei Asia, he said that Japanese companies are actually very similar to Berkshire Hathaway.

Dividends and profits from investments
For a long time, billionaire investor Warren Buffett has been a supporter of blue-chip stocks that pay dividends. He is expected to earn more than $6 billion in dividends in 2023, thanks to his large stakes in Bank of America and Coca-Cola. Buffett also bought more than 10 million shares of Occidental Petroleum in December, bringing his total stake to nearly 27%. Berkshire Hathaway said the profit/loss amount in each quarter usually doesn't say much. Profit (loss) per share can be misleading to investors with little or no specialized knowledge. Apple shares are up 49% in 2023, outpacing the Nasdaq Composite's 44% gain last year.

Berkshire Hathaway's business operations
Berkshire Hathaway's operating profit increased more than 40% year-over-year to $10.76 billion in the third quarter. This may be due to the profit margins of auto insurance company Geico skyrocketed. Buffett calls this company the "crown jewel" of his empire. Buffett also takes advantage of bond yields by buying short-term Treasury bills with yields of at least 5% by 2023. As of the end of the third quarter, the group owned $126.4 billion in bond investments. , a significant increase from approximately $93 billion at the end of the previous year.