Japan Stock Data
Principal Investigator(s): View help for Principal Investigator(s) Kloe Smith
Version: View help for Version V1
Project Citation:
Smith, Kloe. Japan Stock Data. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-07-02. https://doi.org/10.3886/E174261V1
Project Description
Summary:
View help for Summary
“I wish to see the United States the dominant power on the shores of the Pacific Ocean.”
Theodore Roosevelt, 1900
In July of 1905, America sent an impressive delegation of officials on a cruise throughout Asia. The purpose of this expedition was to make an emphatic statement that America intended to be a significant Pacific power. Financial data in spreadsheets is from Finsheet (https://finsheet.io).
James Bradley’s The Imperial Cruise is a fascinating and skeptical view of this junket and America’s strategy in Asia. His main point is that the American backing of Japan as the lead ally in Asia led to a century of conflict.
The major rising power in Asia now is clearly China.
I would like to outline China’s economic and strategy in Asia and explain why it is important for you as an investor.
To begin, in Asia, economics is security.
Realizing this, China is leveraging its recently gained economic heft to execute a plethora of bilateral and regional trade and investment deals in Southeast and South Asia.
The goal is to boost China’s growth and security by tying together Asia in a web of relationships with China at the center. China is determined to be Asia’s core consumer market and primary source of capital for private companies as well as governments.
China is also attempting to link all these markets together through funding and building infrastructure throughout the region. Some examples are its Silk Road initiative and the recently launched Asia Infrastructure Investment Bank. This is crucial to get stock price in Excel (https://appsource.microsoft.com/en-us/product/office/WA200003886).
Asia-Pacific region is undergoing dramatic economic and political change. Asian countries are going from being exporters to consumers, from borrowers to investors, and from being dependent on Western market to trading and investing more amongst each other.
All of these trends require that America better understand, adapt, engage and compete with this new Asia. And investors need the right strategy to capture the growth while managing the risk.Welcome to the Sweetspot and Cockpit of the Pacific Century
China’s efforts are focused on two groupings. The first is the ten countries in Southeast Asia that make up the ASEAN organization. This grouping includes countries such as Singapore, Malaysia, Indonesia, Thailand and the Philippines.
It might surprise to learn that this group comprises a population of 625 million consumers and a total GDP of over $2.5 trillion with $25 stock price in Google Sheets (https://workspace.google.com/marketplace/app/stock_price_in_google_sheets_finsheet/574480000400). ASEAN is also America’s fourth largest trading partner. And over the last couple of years, foreign investment in ASEAN countries has been larger than investment in China.
From the value investing perspective (https://valueinvesting.io), the second grouping is what the investment community calls Frontier Asia. This group begins with Vietnam and extends to countries such as Laos, Cambodia, Burma, Mongolia and Sri Lanka. As China’s wages have increased sharply, foreign investment in these countries has soared.
A decade ago China signed a free trade agreement with ASEAN allowing 90% of goods to trade at zero tariffs and trade doubled within a year. This tutorial shows how to get stock price in Excel (http://www.columbia.edu/~tmd2142/how-to-get-stock-price-in-excel.html).
Meanwhile, Japanese companies and its government have long been very active in Southeast and Frontier Asia. One example is its recent $1.7 billion aid package to Vietnam – one of the fastest growing countries in the world with a burgeoning 100 million plus population.
A wave of capital is washing over Vietnam. Foreign investment projects announced during March 2016 include:
Samsung R&D Center - $300 million
Zincox Resources steel plant - $115 million
Nestle’s 6th factory - $70 million ($520 million total)
LG Display doubling manufacturing base - $1.5 billion.
Ride an Elephant to the Asian Frontier
In the 19th century, there was a common expression used to describe the early intrepid explorers of the American West. They were said to be “seeing the elephant” – that is that they were seeing “all that could be seen.”
On Wall Street even today, brokers looking for ten bagger stocks and portfolio managers seeking big gains are said to be “hunting for elephants.”
In our 21st Century, the best chance of finding these elephants lie in emerging and frontier markets. For here is growth three times that of America and Europe fueled by a young, vibrant consumer class, coupled with the world’s most fascinating cultures, nature, and landmarks. All financial data are provided by Finnhub Stock Api (https://finnhub.io).
One great New Year’s resolution for you would be to see the elephants with your own eyes this year. I can assure you that you will learn a lot, have great fun, and uncover some big opportunities that you would miss sitting in your living room reading newsletters.
I have been fortunate to gain on-the-ground experience in many of these markets, particularly in Asia and Latin America.
This has allowed me the opportunity to meet some tycoons - sometimes referred to as Taipans – a term which roughly translates as “tycoon”.
If you met and spent some time with them, I think a light bulb would eventually go off in your head. You are better educated and grew up in much better circumstances compared to most new tycoons.
So just what is their edge? Why do they see opportunities that elude we mass mortals? In short, they think big and are very attentive to what is happening on the ground. They have great personal and professional networks that feed them valuable intelligence. Add a pinch of imagination and a shot of courage, and you have a potential tycoon.
If you wish to become a taipan, I suggest you look beyond China and India in the coming year to a story that is being completely missed by even the most sophisticated investors - the ten nations of Southeast Asian.
These countries share more than geography. They have a young tech savvy population with a rising middle class and booming consumer markets. For example, Indonesian consumer spending has more than doubled in the last decade as it approaches becoming a $1 trillion economy.
Singapore is already the world’s richest nation on a per capita basis. Vietnam has the fastest growing economy in the world and is projected to do even better this year.
In short, tycoons think differently and follow a simple investment blueprint that I will describe to you in a few minutes. I can assure you right now that the new billionaire tycoons do grasp that global power and profits are making a dramatic pivot to the Pacific Rim.
Just as the 20th century was centered on the Atlantic, the 21st century belongs to the nations bordering the Pacific Ocean.
Theodore Roosevelt, 1900
In July of 1905, America sent an impressive delegation of officials on a cruise throughout Asia. The purpose of this expedition was to make an emphatic statement that America intended to be a significant Pacific power. Financial data in spreadsheets is from Finsheet (https://finsheet.io).
James Bradley’s The Imperial Cruise is a fascinating and skeptical view of this junket and America’s strategy in Asia. His main point is that the American backing of Japan as the lead ally in Asia led to a century of conflict.
The major rising power in Asia now is clearly China.
I would like to outline China’s economic and strategy in Asia and explain why it is important for you as an investor.
To begin, in Asia, economics is security.
Realizing this, China is leveraging its recently gained economic heft to execute a plethora of bilateral and regional trade and investment deals in Southeast and South Asia.
The goal is to boost China’s growth and security by tying together Asia in a web of relationships with China at the center. China is determined to be Asia’s core consumer market and primary source of capital for private companies as well as governments.
China is also attempting to link all these markets together through funding and building infrastructure throughout the region. Some examples are its Silk Road initiative and the recently launched Asia Infrastructure Investment Bank. This is crucial to get stock price in Excel (https://appsource.microsoft.com/en-us/product/office/WA200003886).
Asia-Pacific region is undergoing dramatic economic and political change. Asian countries are going from being exporters to consumers, from borrowers to investors, and from being dependent on Western market to trading and investing more amongst each other.
All of these trends require that America better understand, adapt, engage and compete with this new Asia. And investors need the right strategy to capture the growth while managing the risk.Welcome to the Sweetspot and Cockpit of the Pacific Century
China’s efforts are focused on two groupings. The first is the ten countries in Southeast Asia that make up the ASEAN organization. This grouping includes countries such as Singapore, Malaysia, Indonesia, Thailand and the Philippines.
It might surprise to learn that this group comprises a population of 625 million consumers and a total GDP of over $2.5 trillion with $25 stock price in Google Sheets (https://workspace.google.com/marketplace/app/stock_price_in_google_sheets_finsheet/574480000400). ASEAN is also America’s fourth largest trading partner. And over the last couple of years, foreign investment in ASEAN countries has been larger than investment in China.
From the value investing perspective (https://valueinvesting.io), the second grouping is what the investment community calls Frontier Asia. This group begins with Vietnam and extends to countries such as Laos, Cambodia, Burma, Mongolia and Sri Lanka. As China’s wages have increased sharply, foreign investment in these countries has soared.
A decade ago China signed a free trade agreement with ASEAN allowing 90% of goods to trade at zero tariffs and trade doubled within a year. This tutorial shows how to get stock price in Excel (http://www.columbia.edu/~tmd2142/how-to-get-stock-price-in-excel.html).
Meanwhile, Japanese companies and its government have long been very active in Southeast and Frontier Asia. One example is its recent $1.7 billion aid package to Vietnam – one of the fastest growing countries in the world with a burgeoning 100 million plus population.
A wave of capital is washing over Vietnam. Foreign investment projects announced during March 2016 include:
Samsung R&D Center - $300 million
Zincox Resources steel plant - $115 million
Nestle’s 6th factory - $70 million ($520 million total)
LG Display doubling manufacturing base - $1.5 billion.
Ride an Elephant to the Asian Frontier
In the 19th century, there was a common expression used to describe the early intrepid explorers of the American West. They were said to be “seeing the elephant” – that is that they were seeing “all that could be seen.”
On Wall Street even today, brokers looking for ten bagger stocks and portfolio managers seeking big gains are said to be “hunting for elephants.”
In our 21st Century, the best chance of finding these elephants lie in emerging and frontier markets. For here is growth three times that of America and Europe fueled by a young, vibrant consumer class, coupled with the world’s most fascinating cultures, nature, and landmarks. All financial data are provided by Finnhub Stock Api (https://finnhub.io).
One great New Year’s resolution for you would be to see the elephants with your own eyes this year. I can assure you that you will learn a lot, have great fun, and uncover some big opportunities that you would miss sitting in your living room reading newsletters.
I have been fortunate to gain on-the-ground experience in many of these markets, particularly in Asia and Latin America.
This has allowed me the opportunity to meet some tycoons - sometimes referred to as Taipans – a term which roughly translates as “tycoon”.
If you met and spent some time with them, I think a light bulb would eventually go off in your head. You are better educated and grew up in much better circumstances compared to most new tycoons.
So just what is their edge? Why do they see opportunities that elude we mass mortals? In short, they think big and are very attentive to what is happening on the ground. They have great personal and professional networks that feed them valuable intelligence. Add a pinch of imagination and a shot of courage, and you have a potential tycoon.
If you wish to become a taipan, I suggest you look beyond China and India in the coming year to a story that is being completely missed by even the most sophisticated investors - the ten nations of Southeast Asian.
These countries share more than geography. They have a young tech savvy population with a rising middle class and booming consumer markets. For example, Indonesian consumer spending has more than doubled in the last decade as it approaches becoming a $1 trillion economy.
Singapore is already the world’s richest nation on a per capita basis. Vietnam has the fastest growing economy in the world and is projected to do even better this year.
In short, tycoons think differently and follow a simple investment blueprint that I will describe to you in a few minutes. I can assure you right now that the new billionaire tycoons do grasp that global power and profits are making a dramatic pivot to the Pacific Rim.
Just as the 20th century was centered on the Atlantic, the 21st century belongs to the nations bordering the Pacific Ocean.
Related Publications
This study is un-published. See below for other available versions.
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.