Warren Buffett is an inspiration to investors, he is someone that all investors should have high respect for. Buffett is an investor that is certainly worth studying and he is certainly deserving of the “highest form of flattery, mimicking.” The benefits of understanding Buffett and following his maxims are never ending. All that said, I consider…
Month: October 2015
Looking at valuations, the P/E on next year’s S&P 500 earnings estimate is 16.2. That is right in line with the S&P long-term average of 16. That on its face seems bullish to many investors, that stocks are “not overbought” so to speak. Remember though, that 16 is the long-term average P/E meaning it is…