Author Topic: Buffett Buying In Europe NOW - CNBC  (Read 5406 times)

AZ_Value

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Re: Buffett Buying In Europe NOW - CNBC
« Reply #10 on: November 22, 2011, 10:51:25 AM »
Let's make a game. Who predicted IBM as Buffett's last pick?

BeerBaron

I'll be damned if anybody predicted that Buffett would put $10B in IBM!! (Unless his name is Dave Sokol)


BargainValueHunter

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Re: Buffett Buying In Europe NOW - CNBC
« Reply #11 on: December 12, 2011, 03:10:43 PM »
Sorry "peter_burke_ceo" but this "bump" is regarding an interesting take on why Buffett should take a look at specific European companies NOW!

http://seekingalpha.com/article/313157-buy-these-europe-based-companies-before-buffett-does

Quote
The Cheuvreux analysts specifically recommended ABB (ABB), headquartered in Switzerland; Unilever (UL), headquartered in the UK and the Netherlands (among their US-owned products are Hellmann’s, Wish-Bone, Ragu, Bertolli, Ben & Jerry’s, Breyers, Popsicle, Lipton, Slim Fast, Dove, and Vaseline); Zurich Financial Services (ZFSVY.PK) also in Switzerland; AXA (AXAHY.PK) in France; H&M (Hennes & Mauritz – HNNMY.PK) from Sweden, and Volkswagen (VLKAY.PK) and Daimler (DDAIF.PK) both in Germany. (Daimler is the manufacturer of a number of marques, including Mercedes Benz and that all-American 18-wheeler, Freightliner.)

Again, sorry "peter_burke_ceo"
Albert Einstein called compound interest "the greatest mathematical discovery of all time".

philassor

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Re: Buffett Buying In Europe NOW - CNBC
« Reply #12 on: December 13, 2011, 06:11:13 PM »
buying a Euro based company with a great Global business is an eminently rational thing to do right now.

I second your opinion;

for what its worth I am posting the follow up  link  on the "magnificent 7 euro based stocks" (initial link from BargainValueHunter). Just to throw some more euro names in the hat:

http://seekingalpha.com/article/313561-the-magnificent-7-euro-based-stocks-buffett-should-buy

Some like BP and Zurich financial perhaps seem interesting to me but nothing irresistible yet.  I guess  I am getting greedy.