Amit Wadhwaney,portfolio manager at Martin Whitman's Third Avenue Capital Management discusses investing in Europe. Amit is the portfolio manager for Third Avenue International Value Fund.
-- Always invest in businesses which are cheaper and will survive for long periods of time
-- Buy businesses who do not need much financing from outside if credit markets freeze.
-- Business based in Europe but with good streams of revenue coming from countries outside Europe are great investments. No matter what happens they will still survive
-- Any business with good cash and revenue diversification and available for cheap are safe bets in Europe
Here is the video:
-- Always invest in businesses which are cheaper and will survive for long periods of time
-- Buy businesses who do not need much financing from outside if credit markets freeze.
-- Business based in Europe but with good streams of revenue coming from countries outside Europe are great investments. No matter what happens they will still survive
-- Any business with good cash and revenue diversification and available for cheap are safe bets in Europe
Here is the video:
