Evan Tindell, the founder and chief investment officer of Bireme Capital, has approximately 40% of his assets invested in Japanese mid- to small-cap stocks. Tindell joins Catalysts to share his perspective on the opportunities within this market.
Yeah, I mean, honestly, my my biggest advice for uh for retail investors and investors generally is to pay less attention to, you know, quarter to quarter moves by the Bank of Japan or any central bank and really focus on uh you know, the valuation of companies and you know how the corporate governance is changing or improving uh in a given market and, and that's where we see the biggest opportunity in Japan.
And um you know, but it doesn't change the fact that we, we still see uh pretty big opportunities in, in Japanese stocks more from just the the undervaluation of them rather than any sort of dependent on dependence on interest rate moves.When you talk about this bull market of reason to be optimistic here in Japanese equities, what's driving that or what will be the driver.
And that just kind of speaks to the, you know, increased, uh, concern that, that management teams have about stock market valuation. That's hilarious, but I am interested also in whether or not the Boj is kind of over focusing on the inflation picture here in the US because there are two very distinct groups of, of challenges between the two central banks.I mean, uh Japanese inflation data is, uh you know, I think roughly similar, you know, 23 4%.
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