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I don't know about which countries produce how much of HMC's revenue (although I should if I'm going to be a Fool), but I do appreciate your question as to why I bought. I think it would be a great question to ask everyone on a board because we could learn a lot about each other.

I bought HMC late last December and again early in January at about 38 and 39. I'm not sure the reasons were particularly sound, but this is the best I can recollect. My portfolio was primarily energy and technology, and I thought I should balance with some hard goods. Autos and auto mileage was heavy in the news, so my mind went to leaders in fuel efficiency and to manufacturers in emerging markets. I looked at TM, TTM, and HMC. I rejected TTM because India's roads can't hold a lot more cars at the moment even though there is great demand. I don't remember why I chose Honda over Toyota--perhaps that there is a dividend, but I don't usually give much consideration to that. I don't know. They both seemed solid; they both have great engineering (I drive a Toyota); and they are both expanding into world markets.

In general when looking for a new stock, I find a sector which has been appreciating substantially in the past 3 months, then look at stocks in that sector which have appreciated significantly more than the sector average, then consider the quality or utility of the product line. At that point I wing it.

Nice to meet you.
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