Real and fake hedge funds For a hedge fund to be a real hedge fund, it is essential to meet the criteria of hedging. Here, hedging must mean to hedge risk. Whatever the inve… 2020-08-31 Noriyuki Morimoto The essence of the Japanese trust At the time of its construction of a modern nation, Japan referred to German and French law to design its legal system, while the only exception was t… 2020-08-17 Noriyuki Morimoto The paradox of index investment The market index is the average price of securities traded on the market. The average price is the aggregate of the results of price fluctuations of i… 2020-08-03 Noriyuki Morimoto