A FLAWED ARGUMENT USED BY WARREN BUFFETT COULD BE SETTING STOCKS UP FOR 'ONE OF THE WORST DISASTERS IN HISTORY'

REUTERS/Brendan McDermidBillionaire investor Warren Buffett made a lot of people feel better about historically stretched stock prices earlier this month. Speaking in an interview with CNBC on October 3, the chairman and CEO of Berkshire-Hathaway/' title='Berkshire Hathaway News'>Berkshire Hathaway said, "Valuations make sense with interest rates where they are." The investment community breathed a sigh of relief. After all, Buffett is arguably the most successful stock investor in world his...

BusinessInsider (Date:10/21/2017 14:09) Read full article >>

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Berkshire Hathaway PhotoBerkshire Hathaway: Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3 to its shareholders for the last 44 years, while
- Berkshire Hathaway Wikipedia
Trade: Trade also called goods exchange economy is the transfer of ownership of goods from one person or entity to another by getting something in exchange from the buyer. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The orig
Speaking: Speech is the vocalized form of human communication. It is based upon the syntactic combination of lexicals and names that are drawn from very large vocabularies. Each spoken word is created out of the phonetic combination of a limited set of vowel and consonant speech sound units. These vocabulari
Wrong: A wrong is an act that is illegal or immoral.Legal wrongs are usually quite clearly defined in law of each state or jurisdiction. They can be divided into civil wrongs and crimes in common law countries, while civil law countries tend to have some additional categories, such as contraventions.
Strategic: Strategy is a high level plan to achieve one or more goals under conditions of uncertainty.
October: October is the tenth month of the year in the Julian and Gregorian Calendars and one of seven months with a length of 31 days. The eighth month in the old Roman calendar, October retained its name after January and February were inserted into the calendar that had originally been created by the Ro
Billionaire: A billionaire, in countries that use the short scale number naming system, is a person with a net worth of at least one billion units of a given currency, usually major currencies such as the United States dollar, the euro, or the pound sterling. Forbes magazine updates a complete global list of kn
Hathaway PhotoHathaway: A surname of medieval English origin[citation needed], Hathaway can refer to several people, places, or things:
Warren Buffett: Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Buffett is the primary shareholder, chairman and CEO of Berkshire Hathaway and consistently ranked among the world's wealthiest people. He w
Berkshire: Berkshire is a county of south east England, located to the west of London. It has also been known as the Royal County of Berkshire since at least the 19th century because of the presence of Windsor Castle and was recognised as such by the Queen in 1957 and letters patent issued in 1974. Berkshire