´´ Value Investing Japan

Monday, October 24, 2016

J- Links of Interest

After dumping their Tokyo stock holdings for four of the past five months, foreigners are on track for their biggest annual exodus since 1987.
Global Money Flees Japan Stocks at Fastest Pace Since 1987 by Min Jong Lee and Toshiro Hasegawa (Bloomberg)

The board should have axed Takada CEO Shigehisa Takada in November 2013 when, in an act of cowardice, Takada sent an underling to appear in his place at U.S. Senate hearings. Shareholders should have revolted as the Wall Street Journal, New York Times and others uncovered how the company put lives at risks to save a few bucks — it knew about defects for years. 

Tuesday, October 18, 2016

Value Links of Interest

The 'Something' Peter Cundill Will Do Today by The Value Pendulum (Seeking Alpha)

Peter Cundill will say that there's always something to do and buy, even in the current market environment where valuations for U.S. equities are at a historical high.

Investing - Art or Science?  (Investment Masterclass)

Investing is far more art than it is science.  Whether it is an art or science has implications as to how one should approach investing, what one should study and the necessary skills for success.

Monday, October 17, 2016

J- Links of Interest

Brian Heywood, who oversees about $2 billion mostly in Japanese equities, is putting on a brave face as the market tumbles and many foreigners head for the exit. “We don’t do well when there is a flood of money into Japan, because it’s dumb money,” Heywood, 49, said in an interviev.

$2 Billion Japan Fund Says Good Riddance to 'Dumb Money' by Tom Redmond  and Takako Taniguchi (Bloomberg)

Friday, October 7, 2016

J- Vid of Interest - Coming from Japan

Frontline Documentary from 1992: Coming from Japan. The Story of Matsushita. How Japan's electronic device companies, and especially Matsushita the biggest by that time, conquered the U.S. American television industry.

A very enlightening documentary about the demise of the U.S. American television company. When naive managers encounter negligent politicians following a callow trade policy the downfall of an entire industry is just a question of time.