The way yen has depreciated and Japanese markets have come down, do you think this is more like a panic reaction?
Yes, normally whenever there is an artificial event like this, it is a terrible tragedy, but also buying opportunity because we assume we are not going to have gigantic earthquakes every year. So it is normally a buying opportunity. It is a question of when you step in to buy.
in Economic Times
Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
