https://www.asahi.com/sp/ajw/articles/15312895
“In 1986, he raised ¥65 million after selling his parlors, and started investing full-time in financial markets…Fujimoto says trading in his late 80s helps him enjoy life and “prevents me from getting senile.” But he’s not without regrets, saying he is “full of dissatisfaction” with his ¥2 billion pot of wealth.”
Adjusting for inflation, in USD terms he started with nearly $600K and ended with $14 million USD today, over a 38 year period.
His returns are barely above that of buy and hold SP500 over that timeline.
However, he absolutely is crushing the Japanese Nikkei returns. But he would have had a simpler time investing in the US markets.
h/t ryeander
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