Is Japan a Value Trap?

japenese imperial palace
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Good article on Japanese equities, with a focus on Shimachu (8184:JP) from  Value Institute

Many value investors are debating the merits and drawbacks of investing in Japan. On the positive side, Japanese stock valuations are a fraction of their Asian / Western peers – the result of a 20 year bear market. On the negative side, Japan’s unusual corporate governance culture means business ‘owners’ are less likely to fully realise a company’s intrinsic value. Retailer Shimachu shows the headwinds facing a value investor looking for Japanese bargains.

 

Morningstar Investment Conference: Using Annuities In A Portfolio For Added Stability

portfolioOver the past decade, annuities have fallen out of favor with investors. These retirement products became popular in the US during the Great Depression when potential retirees were looking for a secure income stream that would be unaffected by stock market volatility. Q2 2020 hedge fund letters, conferences and more If you’re looking for value Read More


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