The Bull with deep pocket
The Buy Bias and Oriented funds and analysts are calling a buy based on
value . Calling it even - "Rock Bottom" valuations.
And its advocate, the legendary warren Buffet, says in not so many words, he
is in Japan for the long haul. And it is in his vested interest to say so considering
his sizeable positions in that country. His words alone probably act as a safety
net for his portfolio. A support for many mini funds.
And many analysts who might be in private thinking the contrary will only echo
the view of the legend, calling it a Buy.
Please be reminded as well, most of the Japanese nuclear insurance is held overseas
Berksire does have a sizeable insurance division if not portfolio.
Whether its directely affected, I dont know.
The Bear - Hedge funds
He did not disclose his exact assets but said the fund was approaching $250 million, up from $70 million at the end of 2009. "When the crisis hit, we reacted quite quickly. So within two to three days, we liquidated the entire Japanese exposure," said the Hong Kongbased Tam.
A historical chronologial view of Japanese Debt warnings
Pre- Tripple whammy
Japan, the land of rising debt
13 May, 2010
Debt crisis: In Japan, Greece is the word
May 21, 2010
Tokyo budget fails to ease debt concerns
December 27 2010
S&P downgrades Japan on debt concerns
27 Jan 2011
S&P downgrades Japan on debt concerns
Jan 28, 2011
The Japanese sovereign debt downgrade a warning shot for the US bond market
Feb 7, 2011
Post - Tripple Whammy
Japan demand for US debt may ease on quake: analysts
15 Mar 2011
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