I was recently asked to give some investment ideas for foreign stocks and the person in question wanted the suggestions now. I have to confess when I invest I’m driven by two crucial tests.
The first test is whether the company/stock is a quality company with good growth potential, or at least strong potential to hold its formidable market share that drives the profits, dividends and share prices.
Second, is the timing right? Call me easily influenced but I can never forget the Warren Buffett advice to be greedy when others are fearful and fearful when others are greedy. It’s why I have repeatedly advised subscribers of this Report to “buy the dips” whenever market irrationality has forced share prices down too far.