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03-03-2020, 10:13 AM
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Sage
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Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,508
Thanks: 82
Thanked 1,505 Times in 677 Posts
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Quote:
Originally Posted by villagerjack
SUPER MONDAY.. We are half way back. Hope they did not scare you out and steal all your retirement funds.
Warren Buffet has been buying.
Don’t take your investment advice from someone you do not know.
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1. After yesterday's comeback, we're only about 1/3 toward previous highs, NOT 1/2...which is a significant difference.
2. Proof as to "Buffett is buying?" Particularly since Buffett is currently sitting on the largest reserves of cash...in BH's history. If the market has nothing but tailwinds and will continue its already unprecedented bull run, why is the Oracle of Omaha...sitting on so much cash?
3. P/E ratios are extremely high right now. Which is pretty typical and comparable...prior to each historical sell-off/downturn/recession.
4. Only fool's, soon to be poorer ones at that, think the market's/stock's...can only go up. 
CASH IS KING (poke here)
Quote:
Originally Posted by villagerjack
Don’t take your investment advice from someone you do not know.
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On that...we agree.
Which is why I'm ignoring your guesses. 
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