Is the market overvalued?

[SilentBirdHunter]

For the past eight quarters, Berkshire Hathaway has been a net seller of equities,
raking in $166 billion by off-loading massive amounts of stock,
including longtime favorites, like Apple and Bank of America.

The scale of these sales is unprecedented,
as it's the first time since 2018 that Buffett hasn't bought back any of Berkshire's stock.
Buffett may see the market as currently overvalued?

 

[rjthehunter]

I only pay attention to what Nancy Pelosi does in the stock market!

 

[Forkyfinder]

S&P 500: Stellar Earnings, Profit Growth to Propel Index to 10K by End of Decade? | Investing.com Canada

Shares Analysis by Ed Yardeni covering: Gold Spot US Dollar, S&P 500, Gold Futures, Post Holdings Inc. Read Ed Yardeni's latest article on Investing.com Canada.

ca.investing.com

Yardeni seems good at reading the tea leaves to me.

 

[mdhunter]

The market certainly isn’t undervalued.

 

[schmalts]

It will be interesting to see what happens when he starts to buy, and also what happens when he dies. I have been buying more of BRKB as I figure I will let him worry about it more than me. The one thing I keep telling myself is that the P/E rating thing is changed as pensions are phased out and 401K take the place. More and more money every payday dumped into public trade stocks is going to keep pushing that overall PE ratio higher.

 

[cookchris]

Berkshire has been sitting on record levels of cash, indicating Buffett may be waiting for better opportunities or a market downturn.