Subject: Re: Buffett’s Japanese investment

I think give the much lower interest rate of jpn margin loan, maybe it make sense to do the carry trade/fx hedge. But i also think fx movements price in such interest rate differentials: YEN is more likely to appreciate because of its current interest rate may rise. Taiwan dollar recently rose like 8% overnight. Also this is not long term loan like Buffett took out. So probably safer just convert to JPN..

For me, i am planning to buy some stocks in Europe