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Value Investor Ron Muhlenkamp Doesn't Agree with Seth Klarman's Stock Market Warning

March 12, 2014 | About:

Seth Klarman (Trades, Portfolio) thinks any time the stock market goes up 30% in a year but corporate earnings stay flat is a cause for alarm.

Ron Muhlenkamp doesn't agree. He thinks that the stock market was not expensive at the start of last year, so the big increase took the market to a fair valuation, not overvalued.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

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