Japan stocks surge to highest since 1990 as G-7 meeting is underway

WABAC

https://www.cnbc.com/2023/05/19/asia-markets.html

Around the time I bought DODGX in 1991, I also bought The Japan Fund. I can't remember the ticker. I thought it would be a classic blood-in-the-streets purchase. In those days people convinced themselves that Tokyo real estate was worth more than everything in these United States. And then their market crashed hard.

After many years, I think it was sold because we needed tires for one of the vehicles. Saved us from taking equity out of the house in Marin county. And it got the kids to daycare, and us to work. So I don't regret the tradeoff.

yogibearbull

There was indeed a Japan Fund (SJPNX, etc; its catchy logo was stylish JF) that had many subadvisors over its life, 1990s-2014, Scudder, Fido, Nomura. In 2014, it was merged into Matthew's Japan MJFOX.
https://www.businesswire.com/news/home/20141007005176/en/Matthews-Japan-Fund-Merger-with-the-Japan-Fund-of-Nomura-Partners-Funds-Inc.-to-Close-on-October-20-2014

WABAC

@yogibearbull, Thanks for the info. I do remember the logo. And I had some faint hope that Nomura might accomplish something.

I remember watching Kurosawa's The Bad Sleep Well. And I decided that I was nuts to stay invested in the land of keiretsus, yakuzas, sōkaiyas, and crashing demographics.