A Quick Intro to Investing in SoftBank Stock
While Asian cultures are generally pretty endearing to begin with, no other culture in Asia captures that sentiment as well as the Japanese do. It’s not just the incredibly polite people, some of the best food in the world, and some amazing things to see there. Japan also happens to be one of the safest countries in the world (which could also explain why they have the second highest life expectancy in the world). Here’s how crime stacks up there:
The Economist just put out an article titled “As crime dries up, Japan’s police hunt for things to do” and it talks about how this country of 127 million people had just one shooting in 2015. Let’s compare that to Chicago with a population of 2.7 million and 762X as many shooting fatalities (and an additional 3,569 shooting victims that survived… some who will no doubt be shot at again). In that article from the Economist, they talked about how the police actually conspired with Japanese gangsters to import guns so they could meet their quotas for finding illegal weapons. Just how hard up for some action do you have be to do something like that?
The key takeaway for investors here is that Japan is full of people who know how to behave. The likelihood of an Enron type blow up where some Japanese dude just takes your money and disappears is quite low. This brings us to the topic of this article – a Japanese firm called SoftBank.
