, which is short for earnings before interest, taxes, depreciation, and amortization. It's a common metric that companies such as Uber use when reporting quarterly and annual earnings.
Munger also thinks investors today are taking too much risk, and highlighted China as part of the problem, saying,"It's hard to imagine anything dumber than the way the Chinese hold stocks," according to CNBC. In addition, the 96-year-old investor said he's worried that the innovation seen in his lifetime could slow, according to the report.
Let's remember folks the two important things to look for in the Dow... The PE ratio and the market cap.
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La source: Forbes - 🏆 394. / 53 Lire la suite »
Charlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” Munger said in an annual address. Warren will soon be relocating and be known as.. The Oracle of Shanghai - Charlie Munger of Berkshire Hathaway: The Strongest Companies In The World Are In China, Not America ? Obviously. The PRC is in itself a corporation at this point, only rivalled by Aramco
La source: Forbes - 🏆 394. / 53 Lire la suite »
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La source: CNBC - 🏆 12. / 72 Lire la suite »