by Al_Sharpton_for_President ➕follow (5) 💰tip ignore
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The Buffett Indicator
About 40% of the sales of S&P companies are from overseas operations. While the Buffet Indicator may have been useful at one point, it is woefully out of date with respect to current global trade.
About 40% of the sales of S&P companies are from overseas operations.
Here's the only Buffet indicator one needs to see:
RWSGFY says
Here's the only Buffet indicator one needs to see:
I agree as BRK-B has made a few mistakes recently but BRK-B is up 903% compared to 230% for the S&P 500 since 1 January 2000.
https://www.cnbc.com/2021/01/08/how-warren-buffetts-uphill-battle-against-the-sp-500-is-changing.html
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