Billionaire Warren Buffett's Favorite Valuation Tool Just Made Dubious History -- and It Couldn't Be Worse News for Wall Street @themotleyfool #stocks $BRK.B $^GSPC $BRK.A
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Billionaire Warren Buffett's Favorite Valuation Tool Just Made Dubious History -- and It Couldn't Be Worse News for Wall Street @themotleyfool #stocks $BRK.B $^GSPC $BRK.A
Key PointsWarren Buffett's outsized investment returns at Berkshire Hathaway have made him Wall Street's most-followed money manager.Stocks are historically pricey, and the affably-named "Buffett Indicator" proves it.However, Buffett would never suggest betting against America and has positioned Berkshire's $296 billion investment portfolio and owned assets for long-term success. For decades, billionaire Warren Buffett has been Wall Street's mos…
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