Strapping Names From the Start-Up Nation
"Some Americans have come to the Middle East looking for oil. We came to the Middle East looking for brains, and we stopped at Israel." -- Warren Buffet, September 2006
I am a huge fan of Israel as a source of great growth-stock ideas -- at a reasonable price, no less. I have been investing in Israeli tech stocks since the mid-1990s, and with great success. The country never fails to produce a steady flow of new ideas, technical talent and high-growth companies. For a variety of reasons, high-growth Israeli companies usually garner a lower multiple than do their Silicon Valley brethren, making the region a dream for managers focusing on companies with growth at a reasonable price (GARP). How has the "Start-Up Nation" been doing lately?...516 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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