Buffett Author Robert Hagstrom Says to Buy Stocks Prior to Resolution of the Fiscal Cliff

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Nov 26, 2012
Specific ideas from Hagstrom:

- Likes the big caps with diversified revenue streams and solid dividends.

- Examples would be United Technologies (UTX, Financial), Coca-Cola (KO, Financial), Johnson and Johnson (JNJ, Financial).

- Large cap stocks will easily beat the bond market.

- Expects this low interest rate environment to continue for quite some time to come.

- He thinks exposure to anything in Southeast Asia is a good idea because growth in that region will continue to be strong for years to come.

- Thinks that Buffett is being quite vocal about the attractiveness of equities right now because valuations dictate it.