SECO - Like Low Hanging Fruit-Look To China
Charles Munger, the 93-year-old quote machine, and Warren Buffett's right-hand man, recently said that it is hard to find low hanging fruit in the markets these days. It is hard to argue with that. Valuations are historically high and with today's technology and instantaneous communication, good ideas are quickly copied and competition is always lurking.
With today's stock market and it's frothy valuations, it may take a little more digging but there are still a good number of stocks that put the risk reward ration solidly in your favor. And, while a good number of