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Fortune
Fortune
Paolo Confino

The stock market gauge named after Warren Buffett just hit an all-time high, signaling a severe warning worse than the dot-com bubble

Berkshire Hathaway chair Warren Buffett (Credit: Christopher Goodney/Bloomberg)
  • The market indicator that guides much of the investment philosophy of vaunted value investor Warren Buffett is signaling the stock market could be significantly overvalued. 

One of Berkshire Hathaway chairman Warren Buffett’s favorite market metrics is flashing a warning sign. 

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