brobro777

Haha I thought it would take 2 months for NVDA $1Tril, it'll take 2 days! haha

I think JPM makes a good point regarding increased foreign activism in Japan. Unlike the past, it seems like foreign activists are having more success (https://www.ft.com/content/fc3064ce-a1d3-4f92-91af-ca288f6a4401). The valuation and good businesses were always there in Japan and if that can be unlocked... Buffett bought companies like Mitsubishi and Sumitomo, which are companies with diversified lines of businesses (as well as investments in other Japanese companies), almost as if he's betting more on Japan as a whole. So I was figuring maybe I should keep it simple and increase exposure to the Nikkei

Yea you could be right. And not just valuation, some of Japanese companies have pretty good businesses. I remember Olympus in 2011 when they reported the Zaitech losses and people puked out their shares down to Yen100. At the time some were saying that it was cheap (http://nihoncassandra.blogspot.com/2011/11/monkey-on-your-back.html) because despite these losses Olympus has great endoscope business (https://www.lifesciencemarketresearch.com/market-reports/global-gi-endoscopy-devices-market). Olympus is Yen2200 now and of course I didn't buy it in 2011. I was figuring if these guys can just become more shareholder friendly...

I'm no good at picking stocks so I stick to the index and SPX has been good for years but I'm wondering if it will continue to be so good going forward You're right, good stock pickers will do fine regardless of what the indexes do

After decades of pessimism and issues like and Zaitech losses (e.g. https://www.nytimes.com/2011/11/10/business/global/corporate-japan-rocked-by-scandal-at-olympus.html), Japanese corporations appear to be becoming more shareholder friendly (e.g. recently at NTDOY) and Buffett bought more (https://www.wsj.com/articles/japanese-stocks-hit-a-33-year-high-thanks-in-part-to-warren-buffett-7327a1ed). Is it possible that Nikkei will outperform SPX for the next 5, 10 years? What do you guys think?

I've read this forum for a while and got good ideas (St. Joe thread) so I figure I would contribute I do not think this AI thing will not go much further from here. In fact I think the upward run in tech in general that began in 2003 was finished as of last year and this AI thing will not lead to the tech sector making new highs I will probably turn out to be completely wrong and NVDA will hit $1 Tril in market cap in 2 months