Berkshire Hathaway CEO Warren Buffet has adjusted his investing gameplan for East Asia after divesting himself from a considerable stake in TSMC, Taiwan’s leading chip manufacturer. The tense geopolitical situation surrounding the island has pushed foreign investors to reconsider their exposure, but the Oracle of Omaha has already picked out the most suitable alternative in the region as he hunts for his next big investment.
“I feel better about the capital that we’ve got deployed in Japan than in Taiwan,” Buffett said at Berkshire Hathaway’s annual shareholder meeting on Saturday. “I wish it weren’t so but I think that is the reality and I’ve reevaluated that in the light of certain things that have been going on.”
