Post #11189 by Baltassar on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (32)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

Mungofitch wrote:

A high valuation level is a great example of being "approximately right", not a market forecast.

Truly, I do understand this. What I am trying to understand is why something that is only expected to be approximately right over indefinite but long periods of time is of serious interest. I am not managing a university endowment. My second twenty-year window as a serious investor is about half over, and most of us only get two.

Perhaps it is the case that valuation offers more realistic, worthwhile advantages to people who invest in individual stocks (BRK vs TSLA), rather than in index ETFs? For myself, things like your DBE ("no new highs lately") indicator have proven far more useful.

Baltassaar

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (32)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.