Using the P/E Gap as a measurement for value
Some of the best minds in the business believe that stocks are fairly and fully valued today.Warren Buffett was the first making the pronouncement. The Oracle of Omaha known for his value style of investing isn’t seeing many buying opportunities at the moment. Next up is famed hedge fund manager Julian Robertson. He too sees a market at full price with little room for improvement.
http://investorplace.com/2013/10/3-stocks-warren-buffett-could-love-ual-ryl-dwa-insys/