Post #8340 by Said on the US Policy board

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And the business results since then are pretty similar, so the falling valuations are nothing to do with worse results.

I think it's called "Falling out of favor".

More interesting is why Berkshire is "Getting into favor" lately.

My explanation: The extreme discrepancy in the components of the CNN index between on one side several components showing "Extreme Greed", but also several ones showing at the same time "Extreme Fear" points to many people feeling as more insecure as more expensive the S&P and the glorious 7 get. So what do to when you belong to that group? Stay out of the game (cash) or with something you feel comfortable with, like Berkshire.

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