High S&P 500 Valuations and Warren Buffett's Index Fund Strategy
NVDA NVIDIA Corp
$229.28 -0.52%
View chart & analysis → - 1The S&P 500 recorded a 24% increase in 2023.
- 2The current Shiller CAPE ratio of the S&P 500 is 41, which is higher than the historical average of 17.
- 3Warren Buffett purchased 43,000 shares of the Vanguard S&P 500 ETF (VOO) at the end of 2019.
So what's the key point?
The S&P 500 recorded a value of 41, which is a measure of how expensive stock prices are relative to earnings. Because this was higher than expert expectations, Warren Buffett purchased the Vanguard S&P 500 ETF.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.