Subject: Re: Charts and predictions
“Historically this distance above the "norm" was followed on average by meaningfully negative real returns in the next year (-13% ish), and slightly negative in the next two years (-3%/year ish).”

Thank you for sharing Jim. This is meaningful data for those of us that live off investments. For now, at least, I am still finding it is easier to trim other names than BRK to pay for life expenses but something to noodle for sure as the price rises disproportionately.