Subject: Re: Current Price To Peak Book...
Anyone have handy a link to a chart of price to peak book over the years? I'm sure mungo has posted it"

https://ycharts.com/companies/...

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In other news: this factoid I just saw in Bloomberg today adds to the position that Berkshires enormous current cash cache is at least partly due to...well, not exactly timing the market, but acting on a long-held belief:

"The market capitalization of US stocks is approaching $62 trillion - more than twice the size of the economy, and at a ratio that Warren Buffett explicitly warned about more than two decades ago... Buffett commented back in 2001 that if the percentage relationship [between market cap and GDP]... approaches 200%... you are playing with fire." - Ven Ram, Macro View

-- sutton