“I happen to believe that the Mag seven, most of or all of them are the best companies I've ever seen.”
“And, you know, they're mostly selling at PE ratios in the thirties, highest earnings ratios. That doesn't seem high to me.”
Marks notes Nifty Fifty PE ratios were 60-90 versus Mag Seven today at PE ratios in the thirties, excluding Tesla.
“So so to look at at the at the max seven take out Tesla, they're selling at PE ratios in the thirties.”