Wednesday, February 04, 2009

Reversion to Sanity, Buffett: Stocks are on Sale Again

Fortune: Buffett's metric says it's time to buy - Feb. 4, 2009

Good article here quoting the Oracle on his take on US Stocks. He says when the total market value of US Stocks are 70% to 80% of the GNP of the US that it is time to buy. As of Jan 23rd the article estimates this ratio at 75%.

I agree, please point me to some that are not run by incompetent liars....

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