Warren Buffet, the third richest man in the world, said the current economic and stock market situation in Japan created a huge buying opportunity for investors. He said that if he owned Japanese stock, he would not be selling any of it.

Berkshire Hathaway Inc., the billionaire investor Warren Buffet-owned one of the most venerated companies of the US, has ‘modestly’ raised its stake, in the first quarter, in two banks with dramatically-plunged market values – Wells Fargo and US Bancorp.