Originally Posted by
Valuegrowth
I will give two of them now. Currently, I have kept them on my radar.
Intesa Sanpaolo S.p.A.(ISNPY)
Shinhan Financial Group Co., Ltd.(SHG)
Few more:
Right now, Taiwan Semi-conductor is bit expensive. Baba and Baidu have value, but given the geopolitical issue, growth issue other issues they are vulnerable in the short run. If I am correct Ali Baba has a Lawsuit issue regarding Kelly Toys and it’s owned by BRKB through parent company Alleghany Corp. Few months back some analysts recommended to buy both Baba at $100 and Baidu $150 when other tech stocks were on fire. Today,Baba and Baidu are trading at $73 and 118 respectively. Still, I see risks. I am not keen that much on stocks now as I already rebalanced my portfolio to create long term shareholder value. Unless I find very attractive investment, I don’t have to do anything for my concentrated portfolio. Now It’s time to make use of Zulu principle and value principle.