Benjamin Tseng
Topic Archive
← All Topics

#Japan

2 dispatches

• Reading Note

Great Expectations

This is an old piece from Morgan Housel from May 2023. It highlights how optimistic expectations can serve as a “debt” that needs to be “paid off”. To illustrate this, he gives a fascinating example — the Japanese stock market. From 1965 to 2022, both the Japanese stock market and the S&P500 (a basket of mostly American large companies) had similar returns.

• Essay

Do You Have the Guts for Nori?

Source: Precision Nutrition The paper I will talk about this month is from April of this year and highlights the diversity of our “gut flora” (a pleasant way to describe the many bacteria which live in our digestive tract and help us digest the food we eat). Specifically, this paper highlights how a particular bacteria in the digestive tracts of some Japanese individuals has...