Video Link: https://youtu.be/q2EB9_awA5o
You don't have to choose something difficult to earn a lot of money in investing.
[Full Videos of Berkshire Hathaway Annual Meeting 1998]
[ABOUT - Collection: Warren Buffett]
Want to learn about investing? Why not learn from the best?
This is a collection of Warren Buffett's teaching.
Comment below to share your takeaway with the community too!
For all Collection: Warren Buffett, click ↑↑↑
[My 2 Cents]
Why does it P/E Ratio move up?
Relative price-earnings ratios move up because people expect either the industry or the company’s prospects to be better relative to all other securities than they have been — than their proceeding view. And that can turn out to be justified or otherwise.
Absolute price-earnings ratios move up in respect to the earning power — or the prospective earning power of — that is viewed by the investing public of future returns on equity, and also in response to changes in interest rates.