Day 1,594: giddy, dent

Global investors are giddy about Japan again. Warren Buffett made his first visit to Tokyo in more than a decade this spring; he has built up big holdings in five trading houses that offer exposure to a cross-section of Japan Inc.

“History is repeating itself,” he told Kishida Fumio, the prime minister. He likened the moment to Japan’s “economic miracle” of the 1980s. Even disappointing gdp figures released on November 15th will not dent investors’ optimism.

Will Japan rediscover its dynamism?

Artwork of the day 
Dents du Midi
Oskar Kokoschka
Date: 1910
Style: Expressionism
Genre: landscape
Media: oil, canvas
Location: Private Collection

Word of the day 
giddy: feeling silly, happy, and excited and showing this in your behaviour:
dent: a small hollow mark in the surface of something, caused by pressure or by being hit:

Quote of the day
“Happy. Not giddy or overjoyed, but that low, steady level of happiness that, in the best periods of life, rides underneath everything else, a buffer between you and the world you are walking over.”

― Emily Henry, Beach Read