Jim Grant’s investments in Japanese stocks have seen their ups and downs, but have proved mainly advantageous since the financial historian entered that market when the stocks there were in deep bear market.
But Grant says that investing in Japan has been frustrating as what we think as universal rules of value investing do not apply there. Here is one example: There is no market for corporate control in Japan, he says.
Watch this exclusive video on with Grant, editor of the renowned Grant’s Interest Rate Observer,
Production by Bright Red Pixels.
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