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Buffett: Interest Rates Key to Understanding Stock Valuation

In our mid-meeting update, Morningstar's Matt Coffina discusses Buffett's view of stock valuations, cost-cutting, and more.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here with Matt Coffina--he is the editor of Morningstar StockInvestor newsletter. We're at the midway point of the Berkshire Hathaway meeting. We're going to get his take on that first half.

Matt, thanks for joining me.

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Matthew Coffina has a position in the following securities mentioned above: BRK.B. Find out about Morningstar’s editorial policies.