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And yet, Japanese stocks had 0 or negative returns for more than 20 years. In addition, even with the current drop in the Nikkei, the Nikkei was lower two years
by travisp 16y ago
And yet, Japanese stocks had 0 or negative returns for more than 20 years. In addition, even with the current drop in the Nikkei, the Nikkei was lower two years ago. What makes the Nikkei more attractive at 8600 following this major disaster than at 8000 in May of 2009 when there had been no major disaster? Did you buy then? Why or why not? Are you applying any rational financial analysis of the market, or just emotionally jumping at "oh a disaster, people must be overreacting, therefore I should buy"?