On CNBC's "Squawk Box," Warren Buffett said he still thinks stocks are cheaper than other forms of investments and Berkshire is still buying, even as the Dow approaches an all-time high.
"Anything I bought at $80 I don't like as well at $100. But if you're asking me if stocks are cheaper than other forms of investment, in my view the answer is yes. We're buying stocks now. But not because we expect them to go up. We're buying them because we think we're getting good value for them."
