3min chapter

The Compound and Friends cover image

The Day Inflation Broke

The Compound and Friends

CHAPTER

The Evolution of S&P 500 Estimates

Warren Buffett: Wall Street is still too slow at taking down expectations or do you think they're at the right pace for 2023? He says if we have a recession, earnings could be 200 and if we don't, it could be 230. That's what if we have no recession,. It feels really binary. So to me, it feels weird. I mean, I guess we're in 230. And that's almost 15% or 15%.

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