Tom Russo On Global Value Investing
As markets such as Singapore, Eastern Europe, and possibly China open up, it will provide new hunting grounds for finding undervalued securities with a strong moat. We are already seeing value investors looking abroad for opportunities. A couple of examples come to mind is Warren Buffett and his investment in Chinese automaker BYD and the team at Tweedy, Browne who recently won Morningstar’s International- Stock Fund Managers of the Year for the performance of the Tweedy, Browne Global Value (TBGVX) fund.
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