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Written by Riona Tanaka (GogoJungle Inc., Marketing)
Does your investing have a true “core”?
We live in an age overflowing with information.
Economic indicators, earnings releases, market news—anyone can now access them instantly.
Even so, why is it that some investors keep winning while others continue to wander?
The difference isn’t the amount of information.It’s whether you have a “core” for how you interpret information—that’s what matters.
The three individuals we are introducing today are true professionals with decades of careers in completely different fields: securities companies, asset management, and the Chicago futures market.
Hiroshi Arano, Hironori Yanagishita, and Hakubun Takizawa.
Three distinct investment philosophies. Three perspectives.
By engaging with each of their insights, you should be able to find your own investment “core.”
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| Table of Contents |
| 1. Hiroshi Arano — A market veteran of 50+ years on how to face the market |
| 2. Hironori Yanagishita — Genuine value investing learned from Asia’s Buffett |
| 3. Hakubun Takizawa — From Chicago, the deepest layer of the U.S. market |
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1. Hiroshi Arano — A market veteran of 50+ years on how to face the market
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A veteran analyst with over 50 years analyzing the Japanese equity market, with experience in both a securities firm and an investment trust management company.
Joined Nihon Kangyo Kakumaru Securities (now Mizuho Securities) in 1971. Began as an analyst in the research department and also worked in the U.S.
Transferred to Asahi Investment Trust (now Mizuho Asset Management) in 1996, serving as Head of Research, Head of Portfolio Management, and ultimately Managing Director and Head of Investment Trust Management.
One of the few analysts to have worked in research on both the sell side (securities firm) and buy side (investment trust management company).
He incisively analyzes markets from both fundamental and technical angles, and his distribution on GogoJungle hasnow reached its 10th anniversary.
The investment salon “From Arano’s Technical Room” boasts the largest scale in Japan among independent analyst newsletters.
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Q. Since entering the financial industry in 1971 up to today, how has your method of analyzing market conditions evolved? Could you describe the market environment then and now in a single phrase?
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From the Showa era, when experience and intuition were your compass,
to the Reiwa era, where AI is leveraged.
There’s never only one route up a mountain—there are many. Likewise, there are many viewpoints and angles for a “sure-win” stock strategy.
In a stock market that lacks learning effects, who can win—humans? |
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Q. What kind of investors do you especially want to subscribe?
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I want investors who conduct their own analysis to read it.
By comparing with Arano’s analysis,
I hope you will improve your results. |
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Q. Any message for current subscribers or those considering subscribing?
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Have your own coordinate axis (criteria for judgment).
Mastering and enjoying the market is fundamental.
Through the accumulation of daily discoveries from market analysis,
identify the market’s flow, changes, and turning points. |
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| Daily morning delivery · Japan’s largest independent salon |
Arano Hiroshi “From the Technical Room”
4,500 JPY/month. Morning reports every day + weekly video commentary. Carefully explains how to choose indicators, read data, and conduct analysis based on conditions. The largest independent salon on GogoJungle, now in its 10th year.
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| Market |
| I can grasp the big-picture market view. The explanations based on historical data are easy to understand and extremely helpful. |
| Eye-opening! |
| When wisdom intervenes in publicly available scattered data, it transforms into valuable intelligence like this. I also sense Mr. Arano’s humble character—each day is a delight and a mountain of learning. |
| Give up the head and tail with fundamentals and technicals! |
| Great for grasping broadly with fundamentals and executing short-term trades with technicals. By trial and error and combining with the newsletter, I’ve established my own trading style. There’s much to learn each time, such as stock price fluctuations viewed from PER and EPS. |
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2. Hironori Yanagishita — Genuine value investing learned from Asia’s Buffett
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Joined Citicorp Scrimgeour Vickers (now Citigroup) Securities in 1987.
Built about seven years of sell-side experience as a European and U.S. bond strategist, moved to the U.S. in 1994 and switched to the buy side.
Covered U.S. equities as an analyst at an investment fund on the West Coast.
Returned to Japan in 1997, managed foreign equity funds at Dai-ichi Life Investment Management (now Asset Management One) and later at Invesco Asset Management in 2000. Moved to Hong Kong in 2002 and spent four years managing Asia equity funds, including Japanese equities, at a value-investing hedge fund.
After returning to Japan in 2007, managed a Japanese equity fund at Rheos Capital Works for about three years. Founded Aurea Lotus in 2010.
Through the end of 2025 (some through the end of March 2026), for roughly 15 years, was involved in managing Hong Kong–domiciled (liaison) private funds for Japanese and U.S. equities with AUM of about 800 billion JPY (book value). The flagship Japan equity fund achieved over +30,000% since its 2010 inception, and the U.S. equity fund achieved over +10,000% since its 2014 inception.
He will convert Aurea Lotus Co., Ltd., where he currently serves as representative, into a family office as of May 2026 (planned), centering on the management of personal and family assets. Leveraging roughly 39 years of experience in finance and corporate investment, he will launch a new company that positions long-standing educational outreach since 2015 as a sub-core and newly incorporates philanthropy to contribute to society.
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For those who want to take time to analyze
and truly “invest in businesses,”
I want you to read this.
Investing in companies that can genuinely create value
and contributing to society is the essence—
I will introduce a practical corporate value analysis approach
that shows the path to that goal.
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| 3 times per month · Corporate value analysis |
Unraveling Companies and Markets through Value
4,000 JPY/month. Updated on the 5th, 15th, and 25th each month. Explains market trends from a value perspective, stock selection, and key points of corporate value analysis. Cultivate a timeless way of thinking that doesn’t get caught up in short-term price swings.
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| True Value Investing |
| Mr. Yanagishita’s keen eye for business models is sharp, and I always study by reading his analyses. The more I read, the less I worry about short-term price movements. I intend to keep learning and continue reading. |
| Professional Craft |
| There are very few in Japan who analyze this broadly and are kind to individual investors. If you want to practice real investing, this is something you should subscribe to. |
| Timeless Truths |
| I’ve learned true value investing from the ground up and am also a salon member, but I feel that investing without this way of thinking is the height of folly. In these turbulent times, real-time delivery is an invaluable treasure trove of useful information. |
| A Lifetime Asset |
| It’s universal and unchanging, in my view. The message is consistent, and once you internalize it, you feel you can stay in the market for the long haul. I look forward to every issue. |
| I Want to Master Value Investing |
| Very educational. There are many investment methods, but I believe value investing is one that doesn’t become obsolete. |
In publishing this article, we have been granted special permission
to provide an article normally available only to paid members as a free sample.
Click the image above to go to the free sample article.
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3. Hakubun Takizawa — From Chicago, the deepest layer of the U.S. market
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Resident of Chicago, USA.Currently the only Japanese floor member at CME (CBOT), providing information on U.S. financial markets and political trends to major Japanese financial institutions and leading hedge funds.
After joining Nikko Securities in 1988, he worked at Nikko International Chicago in 1993 and at the New York headquarters in 1997. Transferred to the CITI Group in 1999 and returned as a CBOT member. Since becoming independent in 2002, he has worked with O’Connor, FORTIS (now ABN AMRO), and HFT giant Knight Securities, and is currently active under WEDBUSH.
His specialties span U.S. Treasury futures and options, U.S. equity futures, VIX, and other Chicago futures market products. Despite the high price of 29,800 JPY per month,its depth and real-time nature of information have earned strong support from many professional investors and intermediate-to-advanced traders.
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| From Chicago · Institutional-grade analysis |
TAKIZAWA Chicago Letter / Today’s View, Tomorrow’s View
29,800 JPY/month. In-depth, real-time analysis of U.S. financial markets and political trends, incorporating frameworks such as the Fourth Turning theory. For intermediate/advanced investors and institutions.
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| The best analysis for understanding Japan |
| Relying only on mainstream media news is like examining a human body from the outside. Thanks to Mr. Takizawa’s CT-scan-like analysis, we can clearly see the structure and dynamics of the United States, which dominates Japan, and the massive organizations that steer it. |
| Understanding the Essence of American Capitalism |
| A robust and overwhelming letter that analyzes U.S. politics and the economy with data, based on the Fourth Turning theory. I currently use this letter as my main axis to view other information. Among the many narratives out there, it provides a clear core. |
| Pricey but insanely useful! |
| Because it conveys the essence of markets, including the global political situation, this newsletter is indispensable for setting my investment guidelines. It tells you in real terms whether to trade now or wait. Recommended for those with at least intermediate knowledge. |
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There’s surely one person who fits your investing
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The three people introduced here take different approaches, but what they share is“an unwavering investment core grounded in genuine knowledge and experience.”.
Which service fits you depends on your investing style. Start by checking each service page.
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