Eveillard discusses the dual stock and real estate bubbles that have caused a hangover in Japan for the past 20 years. He sees that the country is now going to try and inflate their way out of the 20-year slump.
Despite the low growth environment in Japan, Eveillard is able to find world-class companies trading in the country at very reasonable valuations and he provides a couple of examples.
When you back out the cash on the balance sheets of these companies they are particularly reasonably valued.
Despite the low growth environment in Japan, Eveillard is able to find world-class companies trading in the country at very reasonable valuations and he provides a couple of examples.
When you back out the cash on the balance sheets of these companies they are particularly reasonably valued.
