A musleading article I was referring to earlier has appeared “Dow futures slide as Buffet indicator hits ‘dot com’ bubble heights”
1) Buffett has recently said we’re in unprecedented times with low interest rates, low unemployment and low inflation which makes this indicator of nearly two decades old, irrelevant.
2) Buffett has said in recent interviews that stocks are cheap relative to 10 year treasuries, again it makes this article misleading as the indicator they’re referring to is irrelevant.
3) He addressed his stockpiling of cash and it’s as simple as its so much cash he can’t find a home for it, and if he was investing millions, not billions he’d be making a great return (i’m paraphrasing)
