Winters: "Everybody I Know Who's Rich" Focused On Long Term

While many investors are shying away from global stocks, top value manager David Winters is quite high on them. Winters tells WealthTrack’s Consuelo Mack that the pessimism on emerging markets has made for excellent value in companies that do business in those areas. Winters also talks about why short term momentum-focused investing doesn’t work over the long term, and why thinking long-term can lead to tremendous results. He looks for a “trifecta” of qualities in his investments: improving economics, shareholder-friendly management, and low valuations. Winters also says that because the bull market is coming off a crash bottom, businesses are only now returning to normal, which makes it a great time to invest.

[youtube=https://www.youtube.com/watch?v=x6I1B3MaTms]