"Warren Buffett's 2024 Investing Playbook: Strategies for Stock Market Success"
Originally Published 2 years ago — by Yahoo Finance
Warren Buffett advises investors not to purchase any stock in 2024 unless it can pass a two-step test: sensibly estimating a company's earnings range for five years or more, and ensuring the stock price is reasonable compared to the lower end of that range. Despite economic or political uncertainties, Buffett emphasizes the importance of this approach, which has guided his decisions alongside Charlie Munger. The article suggests that D.R. Horton and Meta Platforms may pass Buffett's test, but also highlights Buffett's simpler alternative for most investors: putting money in low-cost S&P 500 index funds for satisfactory long-term results.
