Subject: Re: OT: Navigating Lost Decades
It sure seems like, reading all that data, that we COULD be setting ourselves up for another lost decade (or more) in not so distant future.

I suppose Berkshire could be a pretty well positioned business for such a lost decade, as long as we make smart acquisitions of course.

I’m probably the only weirdo here with 10-11 years of living expenses in cash, but I can’t seem to shake the idea that we are in for a decade or so of very low real returns. Not that my cash is going to be worth all that much in 10 years, but it helps me sleep a bit better, and I have the fantasy that I will make smart acquisitions myself while the market panics. 🙄