Vulture Investing Guru Wilbur Ross Calls Bank of Ireland His Best Recent Investment

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May 20, 2013
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In the video below Ross discusses the very successful investment he made in the Bank of Ireland (IRE, Financial) at a point of maximum distress. He refers to it as his best recent investment.

He isn't planning to invest everywhere in Europe as Ireland had a lot of attributes he found appealing. Specifically he cited the fact that Ireland did not need structural reform and the country has proper labor laws.

Ross would consider investing in Spanish Banks despite the massive problems the country is facing.

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