Japan has experienced economic malaise for decades now. The powerful earthquake and tsunami that hit the Asian nation in 2011 set Japan many steps back in terms of a recovery. The horrendous nuclear disaster that followed added insult to injury for the country. However, Japan has always been an important country when it comes to technology and global business in general.
You must be hedged for tail events. This is great for high-net-worth individuals who can allocate $1 million to a tail hedging strategy but what about an individual with only long equity exposure through his or her pension or 401K?