By Philip van Doorn
Christian Heck of First Eagle Investment Management makes the case that Japan’s stock market is still inexpensive as its companies improve
The Japanese stock market came to the fore in the U.S. financial media last year, when the Nikkei 225 index returned 31% and Warren Buffett’s Berkshire Hathaway made a splash by investing in five Japanese general-trading companies.
And Japan’s market may still have a long run ahead of it given the untapped potential for efficiency improvement and better deployment of capital, according to Christian Heck, a portfolio manager at First Eagle Investment…
