The current environment, he said, is one neither he nor Mr. Munger could have imagined even a few years ago. When interest rates eventually rise, he said, they will show that today’s corporate valuations are probably a touch high.
Later, Mr. Buffett expanded on his thoughts about low interest rates. While they have helped the American economy recover from the financial crisis of 2008, he expressed concern that they would lead to inflation down the road.
" When interest rates eventually rise lead to inflation down the road today’s corporate valuations are probably a touch high."
摘自紐約時報
http://www.nytimes.com/live/berkshire-hathaway-50th-shareholder-meeting-updates/
我看到" When interest rates eventually rise lead to inflation down the road today’s corporate valuations are probably a touch high."升息 通膨 股價過高是巴菲特的暗示?
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