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On Monday, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) CEO Warren Buffett (Trades, Portfolio)’s favorite market valuation indicator stood at 153%, up from the Dec. 1 reading of 147.3% yet slightly down from the Nov. 2 reading of 153.5%. Based on this market level, the U.S. stock market remains significantly overvalued ahead of the New Year.
...read full article on GuruFocus
