Munger Says It's Not Necessarily Crazy That Stocks Sell At Higher Multiples Because Interest Rates Are Low, Says He Would Be More Willing To Pay Such Multiples In Current Environment

MUNGER SAYS IT'S NOT NECESSARILY CRAZY THAT STOCKS SELL AT HIGHER MULTIPLES BECAUSE INTEREST RATES ARE LOW, SAYS HE WOULD BE MORE WILLING TO PAY SUCH MULTIPLES IN CURRENT ENVIRONMENT