Shares of Sugimoto (TYO:9932) have been creeping up a bit lately. As the stock is now trading much closer to net current asset value (around 0.89x, including the long-term investments), I decided to sell my shares. I figured there had to be something cheaper out there. With my Japanese holdings I’m more inclined to sell […]

It has been a little more than one year since the last update on my Japanese stocks. I have made a number of changes since then and will briefly discuss the current Japanese basket. Currently there are nine companies in the basket. I no longer own the two companies I first invested in: I sold […]

A nice current example of Mr. Market’s manic-depressive nature is the Japanese stock market. From the start of this year to the high point, the Nikkei rose almost 50% to 15,627 on May 22nd. Since then the index has lost almost 3,000 points. For a few days it even looked like net-nets were becoming scarce […]