Warren Buffett and Charlie Munger: why P/E ratio can be meaningless

Envision Early Retirement
05-11

Berkshire Hathaway(BRK.B)

Berkshire Hathaway(BRK.A)

In this video,

https://www.youtube.com/watch?v=KZL328y2vJ0

Warren Buffett and Charlie Munger share their insights on the following issues. Very timely for the current market conditions with record SP500 P/E and Berkshire Hathaway succession plan in motion.

Why P/E can be meaningless

Would his successor keep repurchasing BRK shares

And their thoughts on Google and Amazon stock.

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