With the dollar dropping against the pound, euro and, until recently, the yen, it’s no secret investors are looking overseas. Foreign markets are showing bigger discounts and more upside. David Winters of Wintergreen Advisors is one such investor, and he says the majority of his assets are outside the U.S. these days. “It’s harder to find really good deals here,” he says.
Appearing on “Closing Bell” with Maria Bartiromo, Winters says he’s “very enthusiastic” about the opportunities in Asia, calling the wealth creation there “mind-boggling.” Companies like Swire Pacific are undervalued and well run, he says.