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Nancy Davis: When a Little Luck and a Lot of Hard Work Pay Off

Real Vision: Finance & Investing

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How to Short Japan

In your worst trades, you've always wanted to short Japan. Why? Because the central bank has been manipulating their markets for a long time. You can get good carry by parrotting currencies versus Japan but rates forget about it. It's like so hard to make money there and then the equity market just really is distorted because of the central bank's activities.

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