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Looking for Value in Europe? Wilbur Ross Suggests Focusing on Spain

August 06, 2013 | About:

Looking to invest in the beaten-down areas of Europe? Wilbur Ross is and thinks Spain is the country of choice.

Ross thinks that Spain is a real economy with real a manufacturing economy. In other words it doesn't rely just on tourism.

Ross particularly likes Spanish banks because they have a long and strong banking tradition, and the government in Spain has done a good job of cleaning them up.

Ross expands on his interest in Spanish assets in the following video:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.5/5 (10 votes)

Comments

vgm
Vgm - 2 years ago
There's a second part to the interview where he discusses shale gas in China and the Japanese economy where he's impressed by the progress and prospects:

http://video.cnbc.com/gallery/?video=3000188361&play=1

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