Miner Company
Selling US Equities Is The Real Risk
Despite Berkshire Hathaway's broad equity reductions, I remain optimistic on US equities' medium- and long-term prospects. Current S&P 500 and Nasdaq valuations are near historical averages, with forward P/Es of ~21.8x and 25.1x, suggesting no dangerous overvaluation.
Despite Berkshire Hathaway's broad equity reductions, I remain optimistic on US equities' medium- and long-term prospects. Current S&P 500 and Nasdaq valuations are near historical averages, with forward P/Es of ~21.8x and 25.1x, suggesting no dangerous overvaluation.