Buffett Buys

Praveen Chawla Sep 20, 2023

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Great chart. Buffett talks a lot how Munger taught him to pay up for great businesses, but I think his definition for paying up is much lower than most. He hardly ever pays over 15 P/E; he thought 14-16 P/E for Coke was “paying up”; most of his stocks even today are closer to 10x https://t.co/k0WV2gfqyD...

&mdash; John Huber (@JohnHuber72) September 20, 2023 <script async charset="utf-8">
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