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Bernstein: European Stocks Look Cheap

European stocks are pricing in a real Armageddon, and if that Armageddon doesn't occur, you'll have fairly decent returns, says author Bill Bernstein.

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Christine Benz: Hi, I'm Christine Benz for Morningstar.

I recently attended the annual Bogleheads Conference, and I had the opportunity to sit down with Dr. Bill Bernstein. Bill is the author of several books on investing and asset allocation, and he shared some of his views on key asset classes in our interview.

Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.