“When it comes to the stock market, Warren Buffett is usually right. I don’t think this time will be any different.  For the last four years, European stocks have performed worse than U.S. stocks. But things seem to be changing now.  With U.S. stocks no longer cheap, some investors have already started to invest more heavily in Europe, where many stocks remain cheap. As you can see in the chart below, European stocks have been outperforming U.S. stocks since July.  Aside from the lower valuation of stocks, there’s something else attracting investors. The European Central Bank (ECB) is doing something similar to what the Fed did back in 2009.”

http://thesovereigninvestor.com/2013/11/26/hated-stock-double/

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