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Tuesday, May 28, 2013
Warren Buffett on Opportunities in Europe
Most of us know Warren Buffett has the uncanny ability to see value where others don't, and over the last year, he recently said in an interview with CNBC, that he has been buying equities in Europe.
Before we get into that, another element that is extremely important in the success of Warren Buffett is the way he successfully recognizes the low range of a good entry point. I'm not talking about market timing here, but his understanding of the season of time companies are at bargain rates. In his view, Europe has been in that season of time, and many stocks there remain cheap.