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re: "40-year veteran of Wall Street with a knack for market timing calls a bottom in stocks"

Posted on 12/13/18 at 11:59 am to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 12/13/18 at 11:59 am to
quote:

Also: watch what Buffett DOES, not what he says

Last I checked, his cash hoard was quite high so if he isn't buying equities way up here
I don't understand what you think your point is with this post.

Are you saying because Berkshire has a large cash position it means the stock market is about to crash?
Posted by Hussss
Living the Dream
Member since Oct 2016
6753 posts
Posted on 12/13/18 at 12:03 pm to
I have never once mentioned crash. It could be a slow bleed, I have no idea. But I do know that things are tilting in a big way due to demographics and unless a miracle happens, the market has made generational highs this year.
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