Surveillance: US Inflation with Dudley
Bloomberg Surveillance
00:00
Warren Buffett and the Stock Market
I come from a culture where we had Graham Dodd, Roger Murray, Bruce Greenwall, and now Thomas Santos, teaching value investing. How do you do research? What is the value of an enterprise? Who is going to buy it? And therefore, that discount will go up and down. I think that the market, Tom, in 45 years will be $1 million on a Dow. So that's 7, 8% returns. You're showing your cards here. The bottom line is Columbia Business School, and you mentioned grab dotted coddling. Do the young Turks of Columbia Business School believe in the traditional Warren Buffett securities analysis? There's a lot of cultures that come in quotes
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