INVESTOR SEES

OVERVALUED MARKET: Investor Warren Buffett’s right-hand man says the U.S. stock market is overvalued, but he doesn’t know when the bubble will burst. Billionaire Charlie Munger is a vice chairman at Buffett’s Berkshire Hathaway conglomerate. He typically sits alongside Buffett to field questions at Berkshire’s annual meetings in Omaha, Neb., each spring. “I think it must end badly but I don’t know when,” Munger said of the stock market’s run to record levels.