The best entry points in Japan

While many investors feel they can time markets, we try to avoid making such macro calls and attempt to identify structurally-inefficient markets.

The aim is to avoid the wild swings that are a beta-chasing result, preserving clients' capital in times of stress while still attempting to capture sufficient market upside to generate attractive long-term risk-adjusted returns on an absolute basis. One of our favorite markets has been, and continues to be, Japan.  Though the market has more than 3,600 listed companies, there is a general lack of meaningful analyst coverage (only about 20%-30% of all stocks are covered).  Ruffer: The 'intensely interesting' opportunity in Japan The market is also dominated by retail investors. ...