Japan Just Quietly Became the World’s Most Underrated Equity Market

For most of my investing career, Japan was the market that disappointed on schedule.

Every few years, a rally would spark hope…
And every time, it fizzled out.

Deflation.
Bad demographics.
Zombie companies.

Japan became the textbook example of why developed markets stagnate.

Here’s the part most investors still haven’t grasped: that mental model is now outdate…