In a recent CNBC interview Warren Buffett said, “The most important item, over time, in valuation is interest rates”. He added, “It’s a huge bargain to buy stocks now if you knew interest rates would stay at this level”.
In terms of investing in bonds Buffett said, “Anybody that prefers bonds to stocks is making a big mistake”.
Here’s the CNBC interview:
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: