No. of Recommendations: 3
In the context of this opinion:
Moving OUT of Berkshire or OUT of stocks in general is extremely riskyAnd it's opposite:
even Buffett sells when the price is too far above fair value, as he did with AAPL ... I would definitely trim SPY, or VOO, nowI find this current FT article vaguely interesting:
https://archive.ph/szVe3#selection-3517.4-3573.1because I am wondering what that group about which the article is, dip-buyers, are doing:
The rebound in US stocks ... has been “powered by a buy-the-dip dynamic that by some metrics has been even stronger than that seen in the latter stages of the 90s tech bubble,” said BofA equity analyst Vittoria Volta.
...
But dip-buyers are playing a risky game by opting not to cash out when prices surge, according to Rob Arnott, chair of asset management group Research Affiliates.If they this year bought in such masses and IF they then stay with their stocks (the article does not really claim that - but maybe they do?), who then would be left to buy? Just giving me a hunch of maybe it ending because of soon everybody - apart from this board of course - already being fully invested.
