Yamauchi No.10 Family Office

Post by kbenson » Wed, Apr 14, 2021, 7:03 PM UTC

theptip wrote: post #188

throwaway2037 wrote: post #123

Earlier quoted context omitted.

As a non-native who has lived in Japan for many years, but then moved to another country in Asia... I disagree with the regular stream of negative English language news about Japan. It is still a wonderful culture, people, and country. And ignore the "GDP" stuff. You will read the same about Italy in English language newspapers. And (South) Korea. Both are also beautiful countries with great food and very high qualit…

> I look at overall GDP less than GDP-per capita. As you should. But a quick search suggests GDP/capita is below where it was in 95, and only exceeded it for a short period around 2010: https://www.google.com/search?q=japan+gdp+per+capita&oq=japa... I'm not sure that the numbers support the narrative you're putting forth here; population decline is not offsetting the lack of overall GDP growth, and the GPT/capita num…

Post by RcouF1uZ4gsC » Wed, Apr 14, 2021, 7:18 PM UTC

throwaway2037 wrote: post #187

nine_k wrote: post #139

Earlier quoted context omitted.

I happen to know a few Italians, and unfortunately cannot agree about the quality of life. Likely it's way better than in places like Congo — no wonder! But compared to more northern Europe and the US, the difference is rather stark. Look at the unemployment figures, for instance. Still, of course, great people, great culture, great potential. Same with Japan: wonderful culture, nice people, but the problems are real…

Sorry to nitpick, but I am a regular listener to Deutsche Welle (dw.com). They have a nice weekly show called DW Africa. More info here: https://www.dw.com/en/top-stories/africa/s-12756 Are you aware there are two countries that are casually referred to as "Congo" by non-Africans? (Hello Africans! We hear you loud and clear!) Sorry, this is a real issue for me. I am so tired of Western (and East Asian!) media using t…

Post by prewett » Wed, Apr 14, 2021, 7:58 PM UTC

bobthechef wrote: post #112

chrisco255 wrote: post #30

Besides being a beautiful website, I was rather touched by their call to action: "Seeking stability only clouds your soul. Fear of failing only kills the seeds of innovation. We must create a more exciting future where people feel free to dream and leap into a world of possibilities. We must create a freer future where people are eager to truly live." It's hard not to love Nintendo. Also TLDR for those that didn't sc…

Sounds like your typical reheated, cluster-of-blandly-positive and vague feel-good marketing. Not sure what exactly you're so enamored with, or what you're projecting here. (Also the phrase "giving back" implies you've been doing something unjust. You only give back after you've taken. But all just business practice is about fair exchange, so there's nothing to "give back".)

Post by golemiprague » Wed, Apr 14, 2021, 8:26 PM UTC

blueblisters wrote: post #100

chrisco255 wrote: post #30

Besides being a beautiful website, I was rather touched by their call to action: "Seeking stability only clouds your soul. Fear of failing only kills the seeds of innovation. We must create a more exciting future where people feel free to dream and leap into a world of possibilities. We must create a freer future where people are eager to truly live." It's hard not to love Nintendo. Also TLDR for those that didn't sc…

It's so rare to hear about Japanese startups - either becoming successful within Japan or outside. Are other mature East Asian countries going through a similar phase?

Post by kaesar14 » Wed, Apr 14, 2021, 9:27 PM UTC

throwaway2037 wrote: post #160

aikinai wrote: post #156

Earlier quoted context omitted.

Your point is orthogonal to the stagnation issue. Yes, Japan is still a wonderful place to live, the best in the world I’d personally say. But it is most certainly stagnating. There’s enough momentum, cultural advantage, and existing wealth to continue to carry it forward for quite a while, but the energy and ambition is gone. That’s what GP was describing and that’s what the Yamauchi family is targeting. I also love…

Thank you for your honest reply. Here is a thought experiment about growth: What if Google never grew again, but maintained the same revenues and profits going forward? To be clear: Their stock price would crash because portfolio theory teaches us that stock price is an indication of future earnings growth. This is what Japan looks like in my mind: Very rich and developed by global standards, but mostly economically…