Sorry, my fault. You tried going to https://brockvalue.com/about
, and it doesn't exist.
What Warren Said
The market against normal interest rates is on the high side of valuation – not dangerously high, but on the high side of valuation. On the other hand, if these interest rates were to continue for 10 years, stocks would be extremely cheap now. CNBC, MAY 4, 2015
The market against normal interest rates is on the high side of valuation – not dangerously high, but on the high side of valuation. On the other hand, if these interest rates were to continue for 10 years, stocks would be extremely cheap now. CNBC, MAY 4, 2015
Yes, that's right. Warren Buffett said you need to take interest rates into account when valuing the market, just like Brock Value does. When Buffett made this observation, the market was trading 33% below its intrinsic value as measured by BV.