Jamie Halse🇳🇿🇦🇺🇯🇵
@JamieHalse
Followers
4K
Following
2K
Statuses
3K
I ran $1bn in global & Japan equities long/short, now founded Senjin Capital. We invest in & engage with Japanese companies to improve corporate value.
Sydney, New South Wales
Joined April 2012
Japanese stocks are rallying to heights not seen since the 1990s. Back then it was the aftermath of bubble valuations. Now, there is a solid foundation of earnings growth, corporate governance improvements, and increasing cash returns to shareholders! 1/n
26
37
210
The difference between becoming super rich or broke vs being nicely rich already and nicely more rich or a bit less rich as a result of the bet is these kinds of bets. We mostly only hear about the positive outcomes of the huge bets in the literature. 10% was a big swing. You shouldn’t feel like you undercooked it.
2
0
8
@jakeadelstein @robertwhiting_ Donald Bradman used to hit a golf ball against a corrugated iron (ie: wavy) fence with a cricket wicket (about 1/5 of the width of a baseball bat) for hours a day to hone his hand-eye coordination. The best find new ways to be better.
0
0
2
@MJpritz135 @elonmusk Great point! Or the meetings that not regulatory/compliance people get called into in relation to all this stuff
1
0
1
I know a concentrated fund focused on Japan small caps with solid core businesses. negative or near negative enterprise values, and large roll-up potential. I’m investing in that. Experienced team, difficult to lose money given starting valuations and active engagement, and potentially sizeable upside.
0
0
2
@travislundyasia Thanks Travis. As always you are a font of market knowledge! I had forgotten about ADCs bid. And of course T Boone Pickens’ foray I had read about, but slipped my memory. ADC maybe arguably a financial deal also but relevant nonetheless.
0
0
1
Surely this must be the final salvo in this epic battle? I would have thought similar a couple of months ago though. Japan is changing so quickly, even those of us who harp on about all the change happening are, of late, quite frequently surprised by events!
0
0
2
Yep
Still hear people say China isn’t good at “innovating��, and where they succeed it’s just bringing cost down and leveraging learning / scale. Nonsense People used to say similar things about Japan. Then Korea. Now China. 1/3
0
0
1
@rich_toad Best lesson from barbarians at the gate IMO is that even the most experienced players are just making it up as they go along
0
0
0
Also -Bitter Brew: The Rise and Fall of Anheuser-Busch and America's Kings of Beer - William Knoedelseder - The Heineken Story - Barbara Smit - Back to Beer ...and Hockey: the story of Eric Molson - Helen Antoniou - The Carlsberg Story - Ditlev Tamm - The Chocolate Wars - Deborah Cadbury - Emperors of Chocolate - Inside the secret world of Hershey and Mars - Joel Brenner - Car Guys and Bean Counters - Bob Lutz - American Wheels, Chinese Roads - Michael Dunne - Alibaba: The House Jack Ma Built - Duncan Clark - Attention Factory: The Story of TikTok and China's ByteDance - Matthew Brennan - The Haier Way: The Making of a Chinese Business Leader and a Global Brand - Jeannie Yi - Netflixed: The Epic Battle for America's Eyeballs - Gina Keating - Super Pumped: The Battle for Uber - Mike Isaac
0
0
0
@rich_toad Also: DREAM BIG: How the Brazilian Trio behind 3G Capital - Jorge Paulo Lemann, Marcel Telles and Beto Sicupira - acquired Anheuser-Busch, Burger King and Heinz - Cristiane Correa, 2013 Double your Profits in Six Months or Less - Bob Fifer
0
0
0
@rich_toad Japan stocks, finance, and history reading list:
What are some of the best books you have read on Japan generally, Japanese history, Japanese politics, Japanese markets & investing? I'll start: Read and enjoyed: - Mitsui: Three Centuries of Japanese Business - A Concise History of Japan (Cambridge Concise Histories) - Japanization, What the World Can Learn From Japan's Lost Decades - Japanese Business Concepts You Should Know - The Seven Keys to Communicating in Japan: An Intercultural Approach - Tumultuous Times: Central Banking in an Era of Crisis (Yale Program on Financial Stability Series) - The Fable of the Keiretsu: Urban Legends of the Japanese Economy - Japanese Business Culture and Practices: A Guide to Twenty-First Century Japanese Business Protocols - The Business Reinvention of Japan: How to Make Sense of the New Japan and Why It Matters - A Compass to Fulfillment: Passion and Spirituality in Life and Business (by the founder of Kyocera) - Dogs and Demons: Tales from the Dark Side of Modern Japan - The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession - Japan's Great Stagnation and Abenomics: Lessons for the World - Blue Eyed Salaryman: From world traveller to lifer at Mitsubishi - Japan Business Mastery: What you really need to know: 2 Read and didn't love: - History of Innovative Entrepreneurs in Japan Sitting on my bedside table (or in my Kindle) waiting to be read: - The Contest for Japan's Economic Future: Entrepreneurs vs Corporate Giants - An Introduction to Japanese Society - Line of Advantage: Japan’s Grand Strategy in the Era of Abe Shinzō (Contemporary Asia in the World) - The Courage to be Disliked - Japanese Mind: Understanding Contemporary Japanese Culture - Japan's New Regional Reality: Geoeconomic Strategy in the Asia-Pacific (Contemporary Asia in the World) - The Sushi Economy: Globalization and the Making of a Modern Delicacy I would also appreciate views on what to prioritise on my unread-but-owned list!
0
0
2