Subject: Re: Brk up again, does anyone have a clue
In spring 2000 I figured I had better things to do with my money than be long a broad equity index, and the S&P 500 had zero real total return for the next 13.1 years.
Today rhymes just a little bit, and presumably there is a reason that the $325bn of cash isn't burning a hole in Mr Buffett's pocket...if there is any good time for just a pinch of panic, it's probably at market tops, not market bottoms.

Warren Buffett Indicator hits 215%, the most expensive stock market valuation in history?

https://www.nasdaq.com/article...