Subject: Re: 2026 and beyond
“Buffett has rec 90 percent SPY in the past, case closed. Time to move on.”

Good.

As far as the Buffett recommendation goes, I doubt he would change it. We all know cap weighting is far from optimal, but as Buffett wrote: “it takes care of itself”. There’s no rebalancing to do, no running screens on Value Line data, no decisions to be made. Yes, it gets out of hand every so often, so ride it up and ride it down, what’s the problem?