Subject: Re: Paying taxes
Is this just specific to Apple, or is Buffett expressing an opinion about overall stock market valuations here?

Warren is expressing his strong opinion that the broader S&P 500 index is very overvalues given the risks he sees. He is obviously willing to pay enormous taxes to get out. He said as much at this year's annual meeting in May. He obviously thinks Apple is overvalued at today's price (despite it being a great business) but he is also selling Bank of America more recently.