Buyout and venture capital investing in Japan and China: Our trip to Tokyo and Shanghai | S07 E12

Bullish:

• $CHINAMFG - Chinese manufacturing is considered world-class, not just for low cost but for superior quality and capabilities.

  • “China is the premier manufacturer in the world. And it's not that they're the low cost manufacturer. They're I think they're the very best manufacturers in the world at the moment.”

    Jake·50:39
• $CHINATECH - Chinese tech companies are undervalued, with high ROE businesses trading at low multiples.

  • “China's cheap. China's undervalued. There's a lot of It's cheap too. Yeah. Four, five, six times for, like, 30% ROE businesses.”

    Jake·1:02:57
• $CHINAEV - Chinese EV companies have advanced charging technology, allowing for extremely fast charging times.

  • “They've somehow figured out how to get these cars charged in five minutes. You plug them in, and it charges.”

    Jake·38:14
• $JPNVALUE - Japanese value stocks may offer potential returns for patient investors, though not necessarily exceptional ones.

  • “I think if you're patient enough that that probably works. I don't know if the IRR is, like, off the charts necessarily.”

    Tobias·1:02:39

Bearish:

• $MA - Mastercard's business model in China may be threatened by widespread adoption of alternative payment systems that bypass traditional payment networks.

  • “Every vendor has a cell phone, and if they don't have a cell phone, they've got a sticker. And you just scan the sticker with your app, and your app asks you if you're if you wanna make this payment. You click yes. You put in a little code, and you've made a payment, and it doesn't go it doesn't run through Mastercard or Visa's rails.”

    Jake·41:05