Comgest's Kaye: Should you bet on Japan's tortoise or America's hare?

Going long will pay off for investors

In recent years Japan's Nikkei 500 index, the less famous sibling to the Nikkei 225, not only hit a record high but consistently outperformed the S&P 500.

Indeed, many Japanese stocks have been quietly outperforming US and other global counterparts for years, and with political tensions and Covid-19 convulsing the globe, Japan seems like a rare island of stability in comparison. Yet foreign investors have overlooked the Japanese market for around 20 years. The tide is now turning, however, with even Warren Buffett taking his first steps in the land of the rising sun. IW Long Reads: Reigniting Japan's economic recovery of Olympic proportions While the US stockmarket tends to generate the big stories, and is often considered a difficul...