JasonC

Crazy P/E Ratios

Both, actually. Earnings estimates are too high, and many companies are at prices that are the buy of a lifetime. Meanwhile, every terrified silly person is scrambling to get out of all future claims of any kind and into the 2% of our wealth that exists as cash. Why? Because authorities have decided to indulge a populist desire to slaughter the banks out of envy and resentment.

Support capitalists or you have no capital. Law of nature, not up for discussion.

Why Is Everybody Selling as Buffett Is Loading Up?

notsosmart - no you wouldn't.

I've been buying - moved 10% from short term bonds to stock yesterday. Calling bottoms is a fools errand, can't be done. Proof - you see any owner of the world who made it all calling bottoms? But calling levels is easy. Holding long term is easy. Dollar cost averaging is easy.