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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mechinv   😊 😞
Number: of 22347 
Subject: Re: Seth Klarman on CNBC
Date: 07/13/23 11:37 PM
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Klarman is complaining about stretched valuations using the market's P/E ratio as a metric. This is a backward-looking figure that is useless for predicting forward year returns and its particularly useless for valuing the growth stocks that dominate the index.

Why time the market? People in their wealth-building years should keep dollar cost averaging into an index fund every month. Especially if they have a 401K. People who are retired should have a majority allocation in an index fund plus an amount in cash or bonds that covers their living expenses for a few years.
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This community has written 21,850 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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