One of Warren Buffett’s most famous quotes, "Be greedy when others are fearful and fearful when others are greedy," is also the most difficult for investors to follow. But with this advice in mind, Turkey is emerging as a favourite among contrarians.
Tip style
Income
Risk rating
Low
Timescale
Long Term
Bull points
- Contrarian play
- Big falls in Turkish market
- Strong base case for economy
- Compelling value
Bear points
- Political risks
- Volatile market
- Weak currency
IC TIP RATING Tip style: GROWTH Risk rating: HIGH Timescale: LONG TERM |