Buy Stocks in 'Fortress America': Hedge Fund 'Star'

America "is a good place to be investing, it's a good place to be stock-picking," said Patrick Wolff, founder of Grandmaster Capital Management.

Wolff, named one of Institutional Investor's "Rising Hedge Fund Stars," offered his outlook to CNBC.

"We have our share of problems — but many of them are priced in already," Wolff declared.

Watch the video for his market analysis—and his "one sector that's interesting" for its "all-time low valuations."

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Disclosure information was not available for Wolff or his company.