China Ties Strengthen, Boosting Korean Tourism Despite Geopolitics
The geopolitical impact might be negative, but I reckon this brings South Korea even closer to the PRC, probably bullish Chinese tourism to Korea
Japan's Corporate Overhaul Fuels Small‑cap Upside, Software Bounce
Interview with Jamie Halse of Senjin Capital. - Japan is in the midst of a corporate transformation - Significant upside in the small cap segment - Hitachi, Nintendo and Open House: better-managed companies in Japan - Software stocks are beaten down, IT services...
VIEs Aren’t Simple: Mainland Investment Doesn’t Guarantee Safety
1/ Michael Burry made the argument that VIEs are fine because Mainland Chinese invest in them as well I think there's more nuance to it than that
AI Will Transform Software Industry Beyond Current Panic
a16z: "after all this panic has passed, we’ll see that AI is the best thing that ever happened to the software industry." https://t.co/uAtGn9QkM0
Nintendo and TakeTwo Dominate MetaCritic's All-Time Best Games
Best games of all time according to MetaCritic: Nintendo and TakeTwo Interactive up there https://t.co/VjKL73Fvuf
Sony Trades at 13x EV/EBIT Before GTA 6 Launch
Sony at 13x EV/EBIT ahead of the GTA 6 release on 19 November 2026 https://t.co/FBeFJ5c7Bp
Miyamoto’s Early Triumph Shows Japan Needs Risk‑taking Meritocracy
When Shigeru Miyamoto designed Donkey Kong in 1981, he was just four years out of university. This is what Japan needs: risk-taking and meritocracy.
Buffett Says Pricing Power Is Business’s Top Driver
1/ Here are the key takeaways from Markus Husemann-Kopetzky on Pricing If Buffett thinks pricing power is the most important factor of any business, then surely we should pay attention to it https://t.co/fOStBwEZMt
Users Stick with ChatGPT; Tech Overlooks UX
The average person is not going to move away from ChatGPT... tech guys continue to underestimate the importance of user experience design
BPI's Long-Term Appeal Threatened by Rate Cuts
BPI feels like a long term winner. Then again, the Bangko Sentral is lowering rates and NIM compression should follow
MAS to Tighten Board Duties on Value Creation, Investor Engagement
"MAS is reviewing the corporate governance code to raise market-wide expectations for boards’ roles in value creation and investor engagement." https://t.co/wESP6K4SvU https://t.co/0IAtdbozwT
Japanese Portfolio Managers Barred From Software Investments
“An interesting thing I heard is that some Japanese Portfolio Managers are being actively told company-wide not to touch anything software or IT related in the broad sense, at all” - @InvestInJapan
China Tech Lagged US Markets Amid Dilution and Governance Issues
Performance since 2013: KWEB: +13% QQQ: +896% Positive interpretations for China tech: - Strong USD and strong US equities - Index construction sub-par Negative interpretations: - Heavy dilution - Related party transactions / leakage - Limited capital returns (until recently) https://t.co/8eQeEK0yx7
Contrarian Opportunity? Freee 4478 JP Faces Unexpected Negativity
Very surprised by the negativity surrounding Freee 4478 JP. I'm either completely wrong, or in it's a highly contrarian buy. https://t.co/ihtyiQ5SFt
KOSPI's Memory Chip Weight
What is he on about? KOSPI is like 50% memory chip exposure and earnings estimates have gone up. The people day-trading are local retail investors, but they’re still mostly focused on US tech. https://t.co/ebX1YOmoN2
Investors Rotating From US Tech to Commodities and Bonds
"We are in the first phase of a great rotation away from the US FANG+ and related stocks, semiconductor, and AI software companies towards oil & gas, utilities, emerging market, and resource stocks, and Treasury bonds." - Marc Faber
Korea's CompanyGuide Mirrors Japan's Handbook, Use Chrome Translate
Korea's version of the "Japan Company Handbook" is essentially FnGuide's CompanyGuide website. Not available in English but you can you use Translate in Google Chrome. https://t.co/I0HU3TxRNN
Kaspi's 9% Yield Highlights Strong Moat Despite Accounting Opacity
Kaspi now yields 9%, for what undoubtedly a very moaty business (no views on its accounting) https://t.co/EuZ6Ogfo3P
Korea’s Chip Output Drops, Shifts to High‑Bandwidth Memory
Didn’t realize how much Korean chip production has fallen in the past few months, as it’s shifting towards high bandwith memory. Source: Robeco https://t.co/I5YOwPS4OL
Geopolitics Threaten Chinese Firms' Access to Western Markets
What I don’t understand is the position of PRC companies. Do they want the headache of dealing with geopolitics? They’re competitive in their own right. If this goes on, Chinese products will be shut out of Western markets.
Most Miss KOSPI’s Memory Chip and Reform Narrative
Pretty much 100% of my timeline is people freaking out about KOSPI KOSPI is a memory chip story. There’s a great structural reform story, too, and it feels like nobody except @smartkarma and shareholder activists are paying attention
Gundlach Urges Investors to Shift From Dollar to Foreign Assets
Jeff Gundlach: “My recommendation is that US Dollar based investors should be investing in foreign markets in foreign currencies. Because the US Dollar appears to be in a long-term bear market” https://t.co/b2PwOxuvyI
Hedge Fund Star Credits Kahneman for 18-Year Winning Streak
1/ Brevan Howard's Minal Bathwal hasn't had a losing year since the start of his fund, 18 years ago. In a recent interview, he said that his style is influenced by psychologist Daniel Kahneman, including his book Thinking, Fast & Slow....
Chain Stock Pricey but Has Expansion Potential
I really like this chain. The stock was never cheap but probably has expansion potential.
Portfolio Gains 6.8% on Korean Surge, Eye Japan SaaS
The portfolio's value rose by +6.8% in February 2026, driven by a skyrocketing Korean stock market. Opportunities in Japan SaaS and luxury wristwatches. https://t.co/dYm3oOEyPD
Druckenmiller Bets on Higher Rates, Cuts AI, Values Sizing
Key takeaways from Druckenmiller - Sees potential for higher long rates thanks to productivity growth - Out of the AI trade at this point - What he learnt from Soros was sizing - Visualizes the future 18-24 months out - Sells if valuation becomes...
South Korea Single-Stock ETFs Set for Summer Approval
South Korea single-stock ETFs will likely be approved by the summer, just before Interactive Brokers starts offering access https://t.co/WpRK4ten0F.
Korea Faces Speculative Bubbles Approximately Every Five Years
It seems like Korea goes through these speculative bubbles every five years or so https://t.co/jCSmYlbkaj
Questioning the Moat of Japan Company Handbook
The Japan Company Handbook on m-up 3661 JP… not sure whether it’s moaty enough https://t.co/Aqsud8W7VX
FnGuide's Index Business Undervalued Amid Explosive AUM
With its index business now >50% of revenues, FnGuide is becoming a KOSPI market proxy on steroids. But I think the index AUM rising from KRW 14 trillion to 50 at 40%+ incremental margins is still underrated. I'm getting to...
Semiconductor Index Delivered Over Tenfold Returns Decade‑Long
The PHLX Semiconductor index: ASML, TSMC, Texas Instruments, AMD, Nvidia, NXP, Qorvo, Qualcomm, Applied Materials, Broadcom etc. More than a ten-bagger in the past decade https://t.co/P0OKb3JVYf
Activist Pressure, Not Weak Yen, Drives Real Improvements
Seems to me that the biggest improvements have been in firms: - Shamed into increasing their P/B to 1.0x - Targeted by shareholder activists like Oasis - Already had the right mindset, eg Hitachi / Itochu - Illusory improvement from the weak yen https://t.co/KxTgEB3c9O https://t.co/DoX7UvP2gs
Japanese Managers Lack Equity, Limiting Market Discipline
I think reading through Jim Grant's old books with snippets from his newsletter is great market education. You'll get perspective on the current market environment.
Hardware, Cybersecurity Thrive; AI Compresses Software Services
The Goldman Sachs list of AI winners & losers: Supposed winners: - Cloudflare - CrowdStrike - Palo Alto Networks - Oracle - Microsoft - Amazon - Alphabet - Nvidia - TSMC - Micron - Arista Networks - Palantir - Zoom - Vertiv - Eaton - NextEra Energy Supposed losers: - https://t.co/yZK0mvfWhp - Salesforce - DocuSign - Accenture - Duolingo - Workday - SAP - Atlassian - UiPath -...
Airport Terminal Signals Strong Growth for Fairfax India
Check out the airport terminal in the beginning of this video and you’ll understand why I’m bullish Fairfax India https://t.co/KDIukR4iLv
Indonesian-Chinese Shift Assets to Singapore, I’d Follow
You can tell that Indonesian-Chinese have moved assets to Singapore the past year. I would have done the same.
AI Won’t Kill SaaS; Japan’s Fallout Reveals Opportunity
1/ The market is convinced that AI will kill SaaS. That seems overly simplistic. There's been carnage in Japan's SaaS sector, with babies clearly thrown out of the bathwater. That could signal opportunity. https://t.co/cmwPpqWG59
Hour Glass Valued at 9.4x P/E Amid Watch Market Rebound
New post just published: on Singapore-listed watch retailer The Hour Glass (HG SP). Swiss watch exports to Switzerland are now growing again, and second-hand market Rolex prices are rising in an almost upwards line. It trades at 9.4x P/E on...
Korean Reforms Spark Value Ups, Awaiting IBKR Access
I initially thought the Korean reforms would be ineffective. But on the ground, I’m seeing many companies come up with highly positive value up plans. And valuations remain a fraction of those in Japan. Once IBKR opens access, the focus...
Freee Posts 30% YoY Revenue Surge, Market Optimism
I honestly feel like freee's result was pretty damn good: +30% YoY top-line growth. With other narratives floating around, the market could easily have interpreted the result in a favorable light.
Thailand Market Hit Bottom Mid‑2025, Faber Predicted
While everyone continues to be bearish on Thailand, the index quietly bottomed in mid-2025. Marc Faber called it, almost perfectly. https://t.co/TfCZRnhSG7
Asian Markets Split: AI Surge vs Old‑Economy Shift Ahead
Asian equity markets are diverging into two camps: AI capex beneficiaries in East Asia and "old economy" companies in Southeast Asia. There will be an inflection point where the former peaks, and flows move towards the latter. But when?
New CEO Drives 34.5% Revenue Surge at Casio
New post just published: on Casio (6952 JP) - New CEO Shin Takano has revamped the organization - Latest quarter timepieces revenues +34.5% YoY - EV/Sales of 1.0x https://t.co/iB9kX6Gzcb
Mazda Malaysia Sales Dip, yet Bermaz Auto Shares Rise
The Mazda Malaysia January numbers were lower MoM but Bermaz Auto was still up on the news https://t.co/gI8pN0xr11
Moatless Capital Goes Bullish on Pop Mart HK
Moatless Capital is bullish Pop Mart 9992 HK. Let's see how that works out for him. https://t.co/Uvnbb3EgKB
Insiders Buy Jollibee Shares After Spin‑off Plan
From yesterday's post: insider buying in Philippine fast-food restaurant chain Jollibee, right after it announced that it would spin off its international operations on a US exchange in late 2027. https://t.co/qaFLrM4ucT
FnGuide Surges 11% as Demand Shows No Signs
FnGuide up another +11% today. Feel’s like there’s almost no end to the demand for the stock. https://t.co/mqJYQH1Dd1
Insider Buys Cebu Air as China Visa‑Free Opens
Insider buying in Cebu Air CEB PM. Comes right after the Philippines introduced visa-free entry for Chinese nationals. Source: Smart Insider https://t.co/QYnTMGfGiz
Japan FSA Pushes Firms to Reinvest Cash, Boost Returns
"The [Japan] Financial Service Agency is currently conducting a review of the Corporate Governance Code with a desire to see improved capital efficiency through companies both reinvesting excess cash into their core business and increasing shareholder returns" - AVI
Hour Glass EPS Spikes as Rolex Index Hits Bottom
Here are the LTM EPS for The Hour Glass. The turn came in March 2025, just when the WatchCharts Rolex index bottomed. Coincidence? https://t.co/1dQwTByVBg
