While many continue to fret that the stock market is getting overheated, Warren Buffett says equities remain reasonably priced. In an interview with CBS This Morning, Buffett says of stocks, “I would say that they’re in a zone of reasonableness. … They’re definitely not way overpriced. They’re definitely not way underpriced.” Buffett says that 5 or 10 years from now, it’s
very likely stocks will be higher. He also talks about the oil industry, and the shale gas boom, in light of his recent purchase of Exxon Mobil stock.
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