JPMorgan CEO Jamie Dimon Just Echoed Warren Buffett's Warning From 26 Years Ago

As CEO of a global bank, Jamie Dimon is keen to pay attention to broad global economic drivers and geopolitical risks. He outlines his ideas for investors in his letter to shareholders every year, which contains valuable insights into asset pricing and investor risks. It can be a great read even if you don't own JPMorgan Chase stock.In this year's letter, Dimon echoed a warning shared by investing legend Warren Buffett about 26 years ago. There's no doubt that today's market shares some similarities with the dot-com-fueled stock market we saw at the turn of the century. For example, the S&P 500 (SNPINDEX: ^GSPC) trades at an elevated valuation. In many ways, however, it's worlds different. Still, the warning applies just as much today as it did back then, and it could have a tremendous impact on the entire stock market.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool