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Value After Hours S05 E08: Bumper Buffett Berkshire Letter, $HD and the economy, Housing Slowdown

The Acquirers Podcast

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I'm Just Can't Find It Right Now. He's Not in Favor.

He said that Berkshire offers some modest protection for runaway inflation. That was always said, but this attribute is far from perfect and huge and entrenched fiscal deficits have consequences. He doesn't know the consequences of that differential are, but there will be some at some point. There's a real risk there that corporate taxes go higher from where they are today. And therefore you should also be paying a lower multiple if you think that that's going to be pinching it at somepoint.

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