Warren Buffett's $187 Billion Warning to Wall Street Echoes Louder Than Ever, Thanks to His Favorite Valuation Measure

Key Points Berkshire Hathaway’s Warren Buffett was a net seller of stocks for 13 consecutive quarters leading up to his Dec. 31 retirement as CEO. Buffett has always been a stickler for value, and the valuation indicator affably named after him suggests that good deals are hard to come by in today’s stock market. However, Berkshire’s now-former boss shows that patience often pays off handsomely for long-term-minded investors. 10 stocks we like better than Berkshire Hathaway › This has shaped up to be another stellar year for the stock market, with the timeless Dow Jones Industrial Average (DJINDICES:^DJI) , benchmark S&P 500 (SNPINDEX:^GSPC) , and game-changing Nasdaq Composite (NASDAQINDEX:^IXIC) catapulting to new highs.