No. of Recommendations: 3
CAPE says nothing about Berkshire Hathaway, and nothing about what the market is expected to do in the next year.
Agreed, but market valuation is relevant to Berkshire - sitting on about $200 billion of investible cash, few places to invest it - and us as individual investors deciding what to do with our money. A modification to one market valuation tool could be interesting.
Try feeding these prompts into your AI:
I'm not going to do that. Maybe "AI" is amazing, but it's not actually THINKING.
CAPE-H probably has relevance to the technology behemoths. I'm staying with my statement in the op:
"I'm guessing the upshot is, yes, the US market is overvalued. Expect lower returns, maybe even look out below, timing uncertain."
