We always prefer getting the opinions of someone with a long track record of outperformance.
Herro thinks the turbulence created by events like Cyprus is helpful to his investing style. According to Herro his style involves calculating the intrinsic value of a business that will be determined by cash flows over the next decade, not the next few days.
Ah, it warms the heart to hear such things uttered on television where five-second attention spans usually rule.
Herro thinks there are opportunities available in Europe. The question is whether you as an investor can focus on underlying intrinsic value and ignore the certain volatility.
Overall he thinks both American and global stocks look pretty attractive.