Author Topic: Buffett on CNBC - Stocks Still Cheap  (Read 7030 times)

Ballinvarosig Investors

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longinvestor

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Jurgis

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #3 on: October 03, 2017, 03:38:15 PM »
Every time Joe Kernan opens his mouth a kitten dies.
"Before you can be rich, you must be poor." - Nef Anyo

rb

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #4 on: October 03, 2017, 06:15:22 PM »
Yep, stocks are cheap but for some reason he's not buying them hmmm  ;)

sleepydragon

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #5 on: October 03, 2017, 06:20:37 PM »
This is what I think he is saying: Stock is cheap if interest rate stay below 4. Interest rate will stay low unless we lose control of inflation. We will have big inflation if we get big deficit. We will have large deficit if Tax cut didn't result in GDP growth (researches have shown little evidence it will). So, the stock market may become expensive if we get a tax cut that doesn't work.

rb

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #6 on: October 03, 2017, 06:24:48 PM »
This is what I think he is saying: Stock is cheap if interest rate stay below 4. Interest rate will stay low unless we lose control of inflation. We will have big inflation if we get big deficit. We will have large deficit if Tax cut didn't result in GDP growth (researches have shown little evidence it will). So, the stock market may become expensive if we get a tax cut that doesn't work.
Not necessarily true at all.

Crip1

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #7 on: October 03, 2017, 07:45:17 PM »
Joe Kernan just needs to not be part of a Buffet interview.

-Crip

« Last Edit: October 03, 2017, 08:10:32 PM by Crip1 »

rb

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #8 on: October 03, 2017, 07:47:21 PM »
Every time Joe Kernan opens his mouth a kitten dies.
Agree. What a moron.

scorpioncapital

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Re: Buffett on CNBC - Stocks Still Cheap
« Reply #9 on: October 04, 2017, 01:33:30 AM »
I think he was playing devil's advocate, but a bit more devil then usual :)