Bill Pugliano/GettyWarren BuffettThe Oracle of Omaha is facing some opposition.In a note to clients on Monday, Bank of America Merrill Lynch’s Savita Subramanian wrote that Warren Buffett’s favorite metric of long-term value “may have limited utility.”The market cap to GDP ratio, which once characterized as the “single best measure” of value, is used to determine whether the stock market is […]
Podcast: Play in new window | DownloadEpisode 48: As the energy sector falters, the transportation industry flies high. In this episode we discuss the general market with focus on four areas: Transportation, Consumer Staples, Utilities, and the US Dollar.Subscribe to the Wealthsteading Podcast:via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stprHosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help […]
