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Anonymous

Anonymous

Hey I am on Medial • 9m

An 88-year-old Japanese man, a former pet shop owner, has amassed a fortune of $14 million by buying stocks during downturns. Local media are calling him Japan's "Warren Buffett." 🐶💰 Local traders are in shock, as in a country where the norm is to keep assets in cash and deposits that yield almost no interest, this grandfather has created a small fortune. Even last month's stock market crash, which saw the country's stocks experience their most significant decline since 1987, didn't deter him. 📉😲 "When stock prices fall, it's time for me to buy," said Fujimoto. "But the question is whether you have the money or the courage to do so." Fujimoto trades companies with growing revenue, profits, and dividends, as well as those that implement stock buybacks. He also considers technical indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), reports BBG🔍📈

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