Lana

You've got questions, he's got answers.

Carl, what have you got for us?

Thanks, Carl.

Next up, Berkshire Hathaway is buying a $1.8 billion stake in insurer Tokyo Marine, adding even more heft to the big bet that ex-CEO Warren Buffett made on Japan.

This deal might have the new CEO's name at the top, but it's got Buffett's hallmarks all over it.

Back in 2019, with the Oracle of Omaha at the helm, Berkshire Hathaway bought positions in five Japanese trading houses.

Over time, it added to those stakes, and by the end of 2025, they were worth $35 billion.

Now, Berkshire's picking up a 2.49% stake in Tokyo Marine, Japan's biggest property and accident insurer.

To seal the deal, Tokyo will hand Berkshire some shares that it repurchased earlier.

Then, the Japanese firm will use the proceeds from the agreement to fund a new share buyback of the same size.

That way, the deal won't undermine the value of existing shareholders' stocks.

Berkshire's been sitting on $373 billion in cash, and investors have been watching closely to see how the new CEO might deploy it.

This deal fits the company's mold of buying into money-making businesses with strong balance sheets and big potential.

For longtime investors, it's a sign that the new guy's sticking with what works.

Unlike Berkshire's earlier Japan bets, this deal comes with a partnership.

The two companies are planning to work together on reinsurance and global investment opportunities.

So instead of just hoping that Tokyo's share price goes up, Berkshire has more ways to benefit.

And the relationship is officially exclusive.

For five years, neither side is allowed to team up with a rival Japanese insurer.

There's plenty of room to take things to the next level, too.