The Nikkei 225, an index representing the shares of the 225 largest publicly traded Japanese companies, crossed the 39,000-point threshold, charting a remarkable U-shaped recovery through monumental economic shifts.
However, renowned investorWarren Buffettmight not be as hyped about this particular milestone.
A Different Story, For A Dollar-Based Investor
In January 1990, the global landscape was revolutionized by Japanese technological innovations (i.e., televisions, cameras, and video game consoles).
During this era, the Nikkei 225 peaked at 38,950 points. This marked a staggering 500% increase over the previous decade, translating to an annualized return of 20%.
For the next 34 years, the Nikkei navigated through...
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