It’s refreshing to see you do some actual financial analysis for once, Jesper - a much more convincing alternative to your macro pieces, which seem to be largely a mix of unsubstantiated “what-if” scenarios and providing cover for your “elite” friends (as you like to remind us) in the LDP and BOJ.
Equity and nonsensical activism is bad for all companies, and leads directly to stupid mistakes like the Alaska Airline nonsense. People hate it, and the Japanese more than anyone, so that it should be utterly discarded.
That said, Toshiba succeeding and taking over US Steel, is a good sign and could prove that Japan does indeed come to the rescue for a lot of American companies. This is but the first sign I think of things to come, as North America heads into excessive poverty, and worsening living conditions, Japan may well head into the opposite direction. Interesting article.
Great....seems as if the old Japan management theories, which were taugfht non-stop in the 1980s in US business schools, could re-emerge
It’s refreshing to see you do some actual financial analysis for once, Jesper - a much more convincing alternative to your macro pieces, which seem to be largely a mix of unsubstantiated “what-if” scenarios and providing cover for your “elite” friends (as you like to remind us) in the LDP and BOJ.
Equity and nonsensical activism is bad for all companies, and leads directly to stupid mistakes like the Alaska Airline nonsense. People hate it, and the Japanese more than anyone, so that it should be utterly discarded.
That said, Toshiba succeeding and taking over US Steel, is a good sign and could prove that Japan does indeed come to the rescue for a lot of American companies. This is but the first sign I think of things to come, as North America heads into excessive poverty, and worsening living conditions, Japan may well head into the opposite direction. Interesting article.
Very thought provoking. Thank you. 🙏