Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Buffett's Japan view unchanged by disasters, Olympus scandal

Business Nov. 22, 2011 - 08:00AM JST ( 4 )

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2

globalwatcherNov. 22, 2011 - 07:12AM JST

When Buffett speaks, people pay attention what he has to say. He is a streight shooter when it comes to investment.

Japan still needs to improve corporate transparency for global investors regardless.
0

JeffLeeNov. 22, 2011 - 07:36AM JST

Such scandals dont affect good businesses

But Olympus is (was?) a "good business." It's a pioneer of voice recorders and one of the world's top camera and optics manufacturers. And no mention of Japan's demographics and other problems? I wonder how straight he's shooting?
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anglootakuNov. 22, 2011 - 06:33PM JST

He is right, investment in Japan will recover and is worth investing in, Europe is a no go. The first richest man would be Lebanese-Mexican born http://en.wikipedia.org/wiki/Carlos_Slim
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cwhiteNov. 22, 2011 - 06:33PM JST

At least in the case of Olympus even with bad dead they actually managed to keep the company going for decades even though under false pretenses. Any other company would have just taken whatever money and assets they could and then filed for bankruptcy and run.