Author: Ben Carlson
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A reader asks:
Why we are where we are with total market cap over GDP (the Buffett Indicator) and let me know what this could mean going forward?
The Buffett indicator was born in a 2001 Fortune interview between the Oracle of Omaha and Carol Loomis. It simply compares the market capitalization of the U.S. stock market to U.S. GDP.
Here’s what Buffett had to say about it at the time:
The ratio has certain limitation…
Why we are where we are with total market cap over GDP (the Buffett Indicator) and let me know what this could mean going forward?
The Buffett indicator was born in a 2001 Fortune interview between the Oracle of Omaha and Carol Loomis. It simply compares the market capitalization of the U.S. stock market to U.S. GDP.
Here’s what Buffett had to say about it at the time:
The ratio has certain limitation…