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Billionaire investors like Dan Loeb may be heroes on Wall Street, but Toyota Motor Corp. would prefer more people like Hisashi Nakanishi.

The 77-year-old Japanese retiree plans to invest in an unusual new stock from the carmaker that hedge funds are unlikely to touch. The Model AA shares, named after Toyota’s first car, lock up investors’ money for five years in exchange for interest payments no higher than 2.5 percent.

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