Japan, every mention
35 scenes (2025) · ← back to Japan
tap a year for its mentions
every year 2025 anyone Ted Seides 142Toby Rodes 69David Wong 33Howard Smith 29James Aitken 19Herb Wagner 16Hiro Mizuno 13Jeremy Grantham 12David Baran 10Kazuhiko Shibata 9
Verbatim, from the transcripts: the passages where Japan comes up
Year in Review 2025 (EP.478)
- ▶ 21:32 Ted Seides On the margin, there's a lot of intrigue about Japan, particularly in the public markets.
Top 5 of 2025: #4: Alex Sacerdote
- ▶ 37:03 Alex Sacerdote S-curve 10 years ago, it hit first in Japan, then we knew it was going to hit in China, and then we followed it to Korea, and then we've seen it happen all over the world.
Josh Wolfe & Brett McGurk – Venture, Geopolitics, and the Next Frontier (EP.476)
- ▶ 47:28 Josh Wolfe Big success for us in Japan.
Michael Kelly – Democratizing Access to the Middle Market at Future Standard (EP.473)
- ▶ 20:09 Mike Kelly This is a Japanese holding company, and they wanted to build vertical businesses, one of which was in asset management.
John Graham – Evolution of the Canadian Model at CPPIB (EP.465)
- ▶ 10:28 John Graham Because in science, there's an answer where we can do an experiment and someone in Japan and the US and Europe can do the same experiment and get the same answer.
Mason Morfit and Rob Hale – Quiet Activism at ValueAct (EP.462)
- ▶ 0:55 Ted Seides My guests on today's show are Mason Morfitt and Rob Hale, the co-CEOs of ValueAct Capital, which manages eleven billion dollars in public equities focused on the US and Japan. 3 times in the scene
- ▶ 13:05 Rob Hale China, Southeast Asia, Hong Kong, never brought me to Japan, but I did learn how to navigate different business cultures at a pretty early point in my career.
- ▶ 40:14 Mason Morfit And so when we go meet the next med tech company that's trying to do a global expansion and has under earning operating margins, Rob was shoulder to shoulder with me on that investment and can apply that to med tech companies in Japan or…
- ▶ 48:56 Rob Hale The second one was in Japan. 2 times in the scene
- ▶ 50:37 Ted Seides Through several of those examples, you described two quite different investments in Japan. 10 times in the scene
- ▶ 1:02:16 Rob Hale We just have one such case in Japan with a company called Topcon, which is being taken private by KKR and JIC Capital, and we'll probably have other opportunities to do that.
Jack Kokko – Building the Google of Finance at AlphaSense (EP.461)
- ▶ 6:31 Jack Kokko So as we built a system that was able to do all that and look at an earnings call happening in Japan or SEC filing in the US, all the information around the world, all companies using different vocabulary and reliably find every single…
Herb Wagner – Opportunistic Value at Finepoint Capital (EP.460)
- ▶ 0:00 Herb Wagner One of the things that's fascinating about Japan is most experienced investors have some horror story about investing in Japan. 4 times in the scene
- ▶ 21:18 Herb Wagner Take, for example, we did a lot of stuff with credit, high yield, distress, and then we moved into structure products, did a lot of stuff in South Korea for a number of years, Japan,
- ▶ 31:51 Herb Wagner If I think about Japan, Japan was something I had looked at every year for a long time, but because of these changes that started to take place in 2014 and 2015, then we actually started investing.
- ▶ 36:59 Ted Seides I'd love to dive into the example of Japan. 19 times in the scene
- ▶ 45:18 Herb Wagner What's interesting about Japan is typically when you see a company in an industry start to make significant changes and their stock prices go up and they start to reap the benefits because now they have excess assets to buy other… 5 times in the scene
- ▶ 51:55 Ted Seides What risks in Japan are you worried about? 5 times in the scene
- ▶ 56:12 Herb Wagner If Japan changes, we're not going to be doing Japan. 2 times in the scene
- ▶ 58:19 Herb Wagner When you think about the return characteristics of a Japanese stock versus a credit instrument versus a reinsurance contract, they are really different.
- ▶ 1:05:18 Herb Wagner And if I look at what we're doing today, I mean, we're concentrated in Japan and reinsurance and a couple other things.
- ▶ 1:06:47 Herb Wagner Japan of course is.
Adrian Meli – Active Equity Excellence at Eagle (EP.459)
- ▶ 40:02 Adrian Meli You go parts of Japan for 25 years, look at China, look at
- ▶ 53:44 Adrian Meli So what I think is going to be interesting over the next three, five, seven years is parts of Asia, Japan, Korea could be interesting.
Friends Reunion 3 – Five Allocators Riff on Investing (EP.454)
- ▶ 31:50 Brett Barth Value ups for real, and it's working great this year, and we've been leaning into that in Japan, and obviously not emerging markets, but there are places you can be outside the U.S. that have been phenomenal this year.
Kipp deVeer – Scaling for Private Wealth Globally in Credit (Private Wealth 5, EP.449)
- ▶ 9:21 Kipp deVeer This GCP acquisition brought hundreds of people in the Japanese real estate business, gets us entry into that market.
Kristin Kallergis Rowland – Alts at J.P. Morgan's Private Bank (Private Wealth 4, EP.447)
- ▶ 50:34 Kristin Kolurgis-Roland We've spent a lot of time lately on themes outside the U.S., so whether it's places like Japan or developed Europe, sports media entertainment is an ecosystem that we as a bank have a lot of intelligence in, both from our clients and our…
Geopolitical Uncertainty – James Aitken, Louis-Vincent Gave, and Marko Papic (EP.440)
- ▶ 18:47 James Aitken Even if this weekend we get big, beautiful tariff trade negotiations with Japan and South Korea and maybe some others, it's too late.
- ▶ 19:30 Louis-Vincent Gave Of course you'll get a deal with Japan and Korea. 2 times in the scene
- ▶ 30:46 Louis-Vincent Gave If you're China today, your main competitor for your industry is now Japan, especially when the yen was so cheap.
- ▶ 32:03 James Aitken Being unhedged, overweight US equities has been a great winner, not least for Japanese retail investors in their nicer accounts.
- ▶ 39:01 James Aitken Off we go everywhere from treasuries to gilts to Japan.
- ▶ 56:18 James Aitken I think Japan is a winner. 3 times in the scene
Ed Grefenstette – Bold Allocations at The Dietrich Foundation (EP.437)
- ▶ 1:08:33 Ed Grefenstette And then it was Japan. 2 times in the scene
David Zorub - Navigating Hedge Fund Headwinds at Parsifal (EP.434)
- ▶ 53:23 David Zorub We have risk in places like Korea, Japan,