WOLF(@WOLF_Financial):CHARLIE MUNGER SAID IT WAS NOT CRAZY FOR GOOD COMPANIES TO TRADE AT WAY HIGHER MULTIPLES THAN THEY USED TO "I think everybody is willing to hold stocks at higher price earnings multiples when interest rates are as low as they are now. And so I don't think it's necessarily crazy that good companies sell at way higher multiples than they used to." "On the other hand, I didn't get rich by buying stocks at high price earnings multiples in the midst of crazy speculative booms. And I'm not going to change."

2026.09.10 23:59

CHARLIE MUNGER SAID IT WAS NOT CRAZY FOR GOOD COMPANIES TO TRADE AT WAY HIGHER MULTIPLES THAN THEY USED TO "I think everybody is willing to hold stocks at higher price earnings multiples when interest rates are as low as they are now. And so I don't think it's necessarily crazy that good companies sell at way higher multiples than they used to." "On the other hand, I didn't get rich by buying stocks at high price earnings multiples in the midst of crazy speculative booms. And I'm not going to change."