Japan Trading Houses Climb After Buffett Boosts Stakes

The video discusses Warren Buffett's decision to increase his stakes in Japanese trading companies, leading to a significant rise in their stock prices. This move has made the wholesale trading sector the top performer in the TOPIX index. While Buffett's influence is a factor, other elements like strong earnings, rising commodity prices, and share buybacks also contribute to the success. Analysts have been raising price targets, indicating continued optimism in the market.

What does the term 'Budford effect' refer to in the context of this discussion?

What are the expectations for the Japanese equity market following Buffett's investment strategy?