Market Valuation Quotes

Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.

The stock market clearly values companies that can deliver disruptive innovation.

I don't think objectively we are in a tech bubble when tech stocks are at a 30 year low.

People are realistic enough to appreciate what the market values of different people are.

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.

When you come to 'Shark Tank,' the only person you should listen to is me, because you know you're getting the truth. I'll decide if it's worth it, and after I'm finished, the rest of the people can look into it.

The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.

One of the things I've become immune to is people talking about market cap and social media platforms.

If you can buy the best companies, over time the pricing takes care of itself.

Products are valued higher than services.

The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn't have a thing to do with reality or with the Swedish economy.

Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.

I am one of the most successful economists, according to what markets tell us, though most of my professional colleagues, who are much keener to accept market outcomes than I am, would dismiss me as a crank or - the worst of all abuses among economists - a 'sociologist.'

Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.

We need to put a price on carbon, and that's what cap-and-trade does and that's also what a CO2 tax does. As long as our current valuation in the marketplace tells us every minute of every day that it's perfectly all right to dump 90 million tons of global warming into the thin atmosphere surrounding the planet every 24 hours as if that atmosphere is an open sewer, then the individual actions are not going to solve the problem.

The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its merits, the investment is inevitably too dear and therefore unattractive.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.

In market valuation, Yahoo is worth about as much Walt Disney and the News Corporation combined.

I think markets are often not thinking on a long-time horizon, I think that our government structurally is doing even less so. When we have a government where we have people who are up for election at most once every six years for a U.S. senator, that's a time horizon that is much shorter than in a market that a company is looking at 10, 15, 20 years which is a time horizon over which a stock price is typically valued.

When it comes to owning stocks of the best-known businesses in the world, value investors usually feel like children looking through the window of the candy store, unable to afford the treats inside because they refuse to pay the prices such high-quality franchises typically bear.

I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.

There's a company behind every stock and a reason companies - and their stocks - perform the way they do.

In Spain, players have an official price tag, just like shirts hanging in a shop do.

There's never been a good period of venture capital when prices weren't high.