Post #11733 by hclasvegas on the US Policy board

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" By keeping the deleted stocks earnings in the CAPE calculation instead of the full 10 years of the replacement stocks’ earnings, the CAPE will be biased. The extent of this bias is evident from the accompanying chart."

Isn't that grand? Anyway, for those of us who own brkb, the only opinion that matters is Buffett's. Buffett hasn't been a serious buyer of brkb since 15 % lower, and I can't recall the last 1/4, he was a net buyer of equities. I suspect we know which opinions Buffett respects.

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