haha
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In a fortune article he said this ratio gives zones of undervalue and zones of overvalue. A Quick Update On Warren Buffett's Favorite Market Valuation Metric
But what index or information can be used to give the numerator, total market value of equities, for the USA?
It sounds like a useful if blunt measurement, but I like measurements that I can maintain rather than ones where I just occasionally run across an article.
What would make a good extimator for this value? Does anyone know what Buffet uses himself?
Thanks,
Ha
But what index or information can be used to give the numerator, total market value of equities, for the USA?
It sounds like a useful if blunt measurement, but I like measurements that I can maintain rather than ones where I just occasionally run across an article.
What would make a good extimator for this value? Does anyone know what Buffet uses himself?
Thanks,
Ha