"Business Insider" said : Charlie Munger, Berkshire Hathaway meeting China, US stock market Buffett

collected by :Jack Luxor

"I do think the Chinese stock market is cheaper than the American stock market," Munger said. The vice chairman of Berkshire Hathaway responded to a question from a Chinese investor at the Berkshire Hathaway annual meeting about the future of the Chinese market. "Munger says Chinese market is going to outperform America," Buffett joked. Warren Buffett quipped that Munger had given the media a "headline" moment. Charlie Munger is bullish on China.


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I think the Chinese stock market is cheaper than the American stock market


I think the Chinese stock market is cheaper than the American stock market
Speaking at the Berkshire Hathaway annual meeting on Saturday, Munger said, "I do think the Chinese stock market is cheaper than the American stock market. Berkshire Hathaway vice chairman Charlie Munger thinks stock market investors might find better investment opportunities overseas right now. Berkshire Hathaway vice chairman Charlie Munger visits the shareholder shopping day in a golf cart as part of the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, May 5, 2017. Follow our Yahoo Finance's coverage of Berkshire Hathaway's annual meeting at Finance.Yahoo.com/BRKLiveStream. Follow him on Twitter @MylesUdlandMore on Warren Buffett and Berkshire Hathaway:

£1bn boost for stock market as TMF opts for London float
Dutch financial services out-sourcer TMF Group has picked London for a planned £1bn float, in a vote of confidence in the UK stock market. Advisers to the company's owner, European private equity firm Doughty Hanson, are doing the groundwork to bring TMF to market after the summer, sources told The Sunday Telegraph. Goldman Sachs and HSBC are understood to be steering the ­offering for Doughty Hanson, which rebranded itself last week as DH Private Equity Partners. In March, TMF said it had "appointed advisers to assist the board with assessing strategic and financial options". It also said it was considering an IPO in 2016.


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