Buffett: Market Looks Fairly Priced

Warren Buffett says he sees a U.S. economy that is continuing to creep forward, but also says he’s finding it harder to find good values in the stock market.

Buffett told CNBC that the broader market appears to be “more or less fairly priced now,” adding, “We don’t find bargains around but we don’t think things are way overvalued either. We’re having a hard time finding things to buy.”

Buffett also said that while the Federal Reserve’s third round of quantitative easing hasn’t gone as well as Fed officials hoped, he doesn’t think it’s done any harm. And he says he’s not at all concerned about the Fed tapering back its asset purchases at some point. “It doesn’t really make any difference to me in terms of our business or our investments whether it’s zero or $10 billion or $20 billion,” he said in reference to the size of a possible tapering plan.