“[Mark Headley, a portfolio manager for the Matthews funds, which specialize in foreign markets, says many U.S.-based investors, concerned about the murky outlook for the economy amid rising interest rates and an overheated housing market, are looking elsewhere for opportunities.] Were seeing a healthy diversification toward overseas markets, ... Americans have ignored (foreign markets) for too long.”
Share this quote:
“[HOT SECTORS. As a stock-picker, he likes Japanese banks, brokerages, and insurance companies.] Financials are a good way for investors to participate in a restructured and reflated Japan, ... Theres a lot of potential for growth here. Japanese consumers are one of the most underserved communities of wealthy people on the planet.”
Share this quote:
“Hes always going to be well-prepared mentally. Hes not a big talker, but hes always ready to play.”
Share this quote:
“Hes got good feet for that size. Hes in good shape for a kid his size. He can run people down and catch them from behind (on defense).”
Share this quote:
“Its a real statement that despite Enron, (the terrorist attacks of) 9-11 and the recession in the U.S., Japan is having a worse time. But beyond the symbolism, it doesnt mean much.”
Share this quote:
“This will be a nasty spike down in quarterly earnings and hopefully that will be the end of it.”
Share this quote:
“You have to give them credit for not driving Humvees.”
Share this quote:
“This is downright nuts. These companies are not even on our radar screen. We dont even know what they are. I dont think anyone knows.”
Share this quote:
“As a professional portfolio manager, we are staying far away from these companies. Just because something has China in its name doesnt mean the World Trade Organization deal is going to help them.”
Share this quote:
“It is tough to see the yen weakening dramatically. And its pretty easy to make a case for it continuing to go stronger.”
Share this quote: