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Warren Buffett on Buying More IBM, Abstaining on Coke Vote, Bill Ackman

April 23, 2014 | About:

Comments

kfh227
Kfh227 premium member - 8 months ago

The videos are nice, but why not provide some cliff notes?

vgm
Vgm - 8 months ago

The most significant takeaways for me were his comments on current stock market valuations. He repeated his view from a few months ago that markets are not too frothy and are in "a zone...of reasonableness":

"Warren Buffett (Trades, Portfolio) rejected the suggestion the U.S. stock market is "too frothy" right now as the major indexes re-approach their all-time highs.

"I think we're in a range, and it's a big zone always, of reasonableness. But stocks ought to be higher every ten years.There's a plow back of earnings that goes back year after year." ......

Asked if he agrees with investor David Einhorn's warning that "we are witnessing our second tech bubble in 15 years," Buffett said he doesn't always understand tech valuations, but it's not like the period before 2001 when "you could almost sell anything and capitalize eyeballs and all of that. I don't think it's reached that point and certainly I don't think the general market level is going to bubble up." "

http://finance.yahoo.com/news/buffett-criticizes-controversial-coke-equity-191217738.html

UVInvestors
UVInvestors premium member - 8 months ago

Where in any of the videos did you see him mention anything about the market? I saw that nowhere.

vgm
Vgm - 8 months ago

Rrurban -- I think this is the complete interview. The market comments begin around 12:30

http://video.cnbc.com/gallery/?video=3000269780

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