I have been thinking of what stocks or companies Warren Buffett would pick or invest in. What I mean about this is that, if he’s to invest on the Ghanaian stock market, what would be his choice knowing what he stands for and his style of investing.
With this mindset, I have been thinking what Buffett would pick on the local bourse. Warren and many value investors are not supporters of the efficient market hypothesis (a theory that states, it is impossible to “beat the market”). But they do trust that the market will eventually start to favor those quality stocks that were for a time undervalued.
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In my view, Fan Milk Ltd (FML) has over the years maintained strong financials, the price is low (arguable) hence would be the first choice for Warren Buffett on the Ghanaian bourse. Stocks like TOTAL Petroleum and Standard Chartered Bank (SCB) also have strong financials hence would be other choices.
What do you think? What are your Buffett-Picks from the Ghanaian market? And Why? I hope to read your comments.