The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on December 03, 2021, 04:20:58 PM

Title: Berkshire Hathaway's Charlie Munger says markets 'crazier' now than late 90s
Post by: rcjordan on December 03, 2021, 04:20:58 PM

"current stock markets and company valuations out of touch with reality"

https://www.marketwatch.com/story/berkshire-hathaways-charlie-munger-says-markets-crazier-now-than-they-were-in-the-late-1990s-11638525537

Title: Re: Berkshire Hathaway's Charlie Munger says markets 'crazier' now than late 90s
Post by: Brad on December 03, 2021, 06:33:02 PM

> reality

Even the reality is crazier than most of the past.

Title: Re: Berkshire Hathaway's Charlie Munger says markets 'crazier' now than late 90s
Post by: rcjordan on December 03, 2021, 06:54:41 PM

I'm still 50% cash.  The other 50% is managed (and supposed to focus on tax-exempts, but I need to check).  I'd have done a helluva lot better if I'd jumped in on this bubble  ---but at my age, I'm not supposed to take on the risk.

What I can't ever figure is how much quantitative easing is going to pump the market.