Buffett sees dollar weakness, Korea stocks attractive (Reuters)

By Pete Southern in Uncategorized | October 25, 2007 10:00 |

Buffett sees dollar weakness, Korea stocks attractive (Reuters)

Billionaire investor Warren Buffett (L) waves to employees besides Eitan Wertheimer (R), chairman of the board of Iscar Metalworking companies, after their visit of TaeguTec in Daegu, about 300 km (189 miles) southeast of Seoul, October 25, 2007. Berkshire Hathaway Inc's Warren Buffett said on Thursday he expected the dollar to get weaker and said that South Korea's stock market was still more attractively valued than other world markets. (Jo Yong-Hak/Reuters)Reuters – Billionaire investor Warren Buffett said on Thursday he expected the dollar to weaken further, adding that South Korean stocks offered better value than other world markets.



Source: news.yahoo.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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