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Buffett Addresses UI Students

For a stock market that thrives on positive assessments by foreign investors, it was one ringing endorsement. Warren Buffet, chief executive officer of Berkshire Hathaway Inc., told U.S. college students last month about his experience in investing in Korean stocks, and discussed those experiences in an upbeat tone that delighted local brokers. "I invested in Korea because there are many undervalued stocks and corporate data are readily available," Buffet told an audience of 100 students in master of business administration programs from the UNIVERSITY OF IOWA and the University of Tennessee. "For investors to gather corporate information, the Internet in Korea can be very helpful." The publication is based in South Korea.

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