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10min chapter
[REPLAY] Paul Black - Gratitude, Fun, and Growth Stocks (Capital Allocators, EP.51)
Capital Allocators – Inside the Institutional Investment Industry
Cultural Challenges in Japan and Emerging Markets
In this chapter, the speakers discuss the difficulties in finding great companies in Japan due to cultural issues, such as cross-ownership of shares and lack of transparency. They also highlight the differences in operating norms in emerging markets and emphasize the importance of understanding and ensuring reasonableness.
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