Stuart | Relax to Rich
💰 Simplify Investing = Quality Stocks, Selective Options + Patience. 🎓 PhD & Professional Investor. 📖
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- Quantification is the antidote to craziness, & the current numbers are sobering. The Dot-Com bubble peaked at ~190% of GDP. Today, the Buffett Indicator sits at a record ~230%. With valuations 2.4 standard deviations above the historical trend, Does Berkshire's $382B cash pile makes perfect sense?
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