Warren Buffett's Favorite Valuation Measure: Watch Out For Minus TwoGuest Post
Warren Buffett's Favorite Valuation Measure: Watch Out For Minus Two by Steve Blumenthal, Capital Management Group
“The three great essentials to achieve anything worthwhile are: hard work, stick-to-itiveness, and common sense.”
– Thomas Edison
A comment I frequently get is that stocks are cheap relative to bonds. My answer is that view is short-sighted and runs head-on into the other side of the low interest rate debate – rising interest rates are not good for stock . . .
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