Warren Buffett Warns That During Bubbles, Stock Prices and Earnings Will ‘Diverge,’ But They Can’t ‘Continuously Overperform Their Businesses’

Warren Buffett’s warning about stocks outpacing business fundamentals offers a timeless lens for evaluating today’s bubble fears.

Warren Buffett has spent decades urging investors to separate a company’s underlying economics from the market’s shifting enthusiasm. In Berkshire Hathaway’s (BRK.B) (BRK.A) 1993 shareholder letter, the CEO revisited a theme that runs through much of… [3927 chars]

Source: Barchart | Published: 2025-12-17T17:05:16Z

Credit: Barchart