Steven Towns

Meticulously researched, Investing in Japan has 140 footnotes from English and Japanese sources. Description from the back cover: There is no stock market as undervalued and as misunderstood as Japan. "Investing in Japan" is truly unique in that it fills the void of information in English about Japanese stocks, and contrary to popular Japan-is-doomed opinion, it presents plenty of reasons to be bullish. Readers will develop a solid understanding of the Japanese stock market, and learn why returns on equity appear to be low, about hedge funds' investment activities, Japan's surprisingly strong shareholder rights, and more. "Investing in Japan" will equip investors with invaluable information that will allow them to participate in what is likely to be a once-in-a-lifetime opportunity. It is very rare indeed that almost an entire market can trade at a discount to net asset value, have simple and sound balance sheets, and positive earnings.