´´ January 2013

Thursday, January 31, 2013

Extract of an interview with Benjamin Graham

I don't see how you can say that the prices made in Wall Street are the right prices in any intelligent definition of what right prices would be. (Benjamin Graham)

Wednesday, January 30, 2013

Reforming the Tax System in Japan

Japan's tax system is, alongside with the US American's, one of the least efficient in the world. Tax burden in Japan stands around 30% (similar to US). That has to be regarded as very low, especially when compared to european countries (Germany 40%, France 45% and scandinavian countries over 50%).

Saturday, January 26, 2013

The Sleeping Giant - Nintendo (JP:7974)

Company Overview


Going to skip this one. If you don't know Nintendo you are not from this planet.

Tuesday, January 22, 2013

Bank of Japan - They did it again

One has to admit: The BOJ does know how to fight,hide and disguise.

So let us see what the financial media pundits headlining on BOJ's move today.

Monday, January 21, 2013

Prepared for some serious dissapointment tomorrow long Nikkei/ short Yen speculators?

I think the biggest illusion "Japan investors"  succumb to is the BOJ's willingness/ eagerness to inflate Nippon's economy.

Will Japan's "real" trade balance just stand up please

I really have to shout out one thing today: I am seriously getting sick of ill-informed "financial media experts" and clueless vodoo economists, orchestrating their so loved japan bashing. I mean comon'. It's getting really boring and you guys not doing you any favour regarding your credibility and your perceived intellectual capabilities when it comes to basic economic concepts. I mean we are talking (basic) economics 101 here and not rocket science!

Sunday, January 20, 2013

Corporate Control in Japan - Another hostile bit fales in Japan

Two japanese Golf course operators involved in a hostile takover battle. PGM Holdings K.K (JP:2466) wanted to takover Accordia Golf co. (JP:2131). It was willing to pay $472 Mios. for a  50,1% satke.

Friday, January 18, 2013

Corporate Governance - Astellas Pharma

I've already mentioned that corporate governance is my main concern investing in Japan (click following link on my previews thoughts touching on that matter).

The main problem with japanese equities