Buffett after he was done with the net net thing and by the mid 1960's and with Mungers influence would buy a basket of average business that he could make good earnings yield on and looked like pretty good business and bought them during a correction of an industry or
general stock market correction then sell them once they became higher valued..
Not exact matches
In the event of a U.S.
market correction, it is likely that European value
stocks (and European
stocks in
general) would do as poorly, or worse, than the much more expensive US
market.