Tuesday, May 8, 2018

Japan Loves their ETFs

What happens with the BOJ owns 99% of all ETFs?

Ah, who cares?

All governments should be printing more money to buy up all financial assets!

Surely this makes a lot of sense somehow!

1000000000% stock returns for everybody!

I can't believe no one else has thought of this. People are so stupid.

I'm a goddamn genius, I tell ya.

1 comment:

  1. It's well known among analysts & fund managers dealing with Jap assets since 2016.

    My PM friend on Jap desk has simply been buying & sitting on small and mid-cap stocks & Topix ETFs for the last 2 years. Thanks to Kuroda, he has been collecting mid-6 digits annual salary for basically a brainless & lazy job.


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