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The S&P 500 is at an all-time high.


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2024 Jan 13, 6:47am   2,288 views  49 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  



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43   Misc   2024 Jan 20, 8:45pm  

About 40% of the sales of S&P companies are from overseas operations. While the Buffet Indicator may have been useful at one point, it is woefully out of date with respect to current global trade.
44   AD   2024 Jan 20, 8:58pm  

Misc says

About 40% of the sales of S&P companies are from overseas operations. While the Buffet Indicator may have been useful at one point, it is woefully out of date with respect to current global trade.


Good point as the valuation is based on foreign sales but obviously GDP is not.

GDP would need to be adjusted to account for this in order to improve the Buffett indicator's accuracy.
45   RWSGFY   2024 Jan 21, 8:38am  

Here's the only Buffet indicator one needs to see:



The guy is not beating the market.
46   RWSGFY   2024 Jan 21, 8:45am  

Misc says

About 40% of the sales of S&P companies are from overseas operations.


Incidentally, this is why "diversifying" into foreign equities is unnecessary - you get all diversification you'll ever need from the US stocks while avoiding shit sandwiches like GAZP.
47   AD   2024 Jan 21, 10:00am  

RWSGFY says


Here's the only Buffet indicator one needs to see:


I agree as BRK-B has made a few mistakes recently but BRK-B is up 903% compared to 230% for the S&P 500 since 1 January 2000.

https://www.cnbc.com/2021/01/08/how-warren-buffetts-uphill-battle-against-the-sp-500-is-changing.html


48   AD   2024 Jan 26, 3:57pm  

.

Why is the US economy supposedly doing better based on Biden admin reported economic statistics ? Because its an election year ..

I will laugh my ass off if Biden wins and then the economy crashes by early 2025 especially due to accounting adjustments down to those economic stats

https://www.cnn.com/2024/01/26/economy/us-gdp-other-countries/index.html

.
49   RWSGFY   2024 Jan 26, 4:48pm  

AD says

RWSGFY says



Here's the only Buffet indicator one needs to see:


I agree as BRK-B has made a few mistakes recently but BRK-B is up 903% compared to 230% for the S&P 500 since 1 January 2000.

https://www.cnbc.com/2021/01/08/how-warren-buffetts-uphill-battle-against-the-sp-500-is-changing.html





To me, 5 years seems like a reasonable time span to asses an investment. I usually ditch stocks which fail to beat S&P over 5 years. 20 years is meaningles to me, because it's not much different from HODL. So if I owned BRK-B it would be sold now.

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