Mark Headley Quotes (11 Quotes)

There have been some bellwether events that have been pleasing to us as investors, and really China listing all of these state-owned banks and insurance companies has been inspiring. They've all managed to get out on the market, support relatively high PE ratios, and they've had a great run in the last few months.

It is tough to see the yen weakening dramatically. And it's pretty easy to make a case for it continuing to go stronger.

We need a reality check. Japan has still got a challenging demographic profile, managements that are less than dynamic and a government that is still very bureaucratic.

People are often not affected by a few negative days. If it goes on for a week, we'll see.

Higher interest rates in the U.S. were really strangling growth in Asia.

I've been impressed with the government in certain cases, but these companies' inability to control their environment is very real, and this will keep the market very volatile.

As a professional portfolio manager, we are staying far away from these companies. Just because something has China in its name doesn't mean the World Trade Organization deal is going to help them.

HOT SECTORS. As a stock-picker, he likes Japanese banks, brokerages, and insurance companies. Financials are a good way for investors to participate in a restructured and reflated Japan, ... There's a lot of potential for growth here. Japanese consumers are one of the most underserved communities of wealthy people on the planet.

You have to give them credit for not driving Humvees.

It's a real statement that despite Enron, (the terrorist attacks of) 9-11 and the recession in the U.S., Japan is having a worse time. But beyond the symbolism, it doesn't mean much.

This is a market that needed a correction. It just had this huge run since late spring that in many cases took the most expensive stocks and made them more expensive.