Grand Deja Vu? Techs tanked, BRK surged

[Charlie]

I would say that the tax cut has different effects and the different effects lead to the Lollapalooza.

[longinvestor]

I would say that the tax cut have different effects and the different effects lead to the Lollapalooza.

While we are enjoying giddy prices every day, it seems, I do miss the buying opportunities at lower prices. "Lower" is a relative term, no? We have been spoiled by cheap opportunities (most recently 2015); Rear view mirror for sure.

[scorpioncapital]

There have been times when rates were so low that stocks had a 50x p/e...just saying things may be elevated but look at bitcoin as an example of how high a bubble can go.

[John Hjorth]

... While we are enjoying giddy prices every day, it seems, I do miss the buying opportunities at lower prices. "Lower" is a relative term, no? We have been spoiled by cheap opportunities (most recently 2015); Rear view mirror for sure.

The eternal Berkshire investing dilemma & paradox!, longinvestor. -Next time the big US banks lie crushed in a big pile, - and that will happen again - Berkshire is likely to become cheap [relatively] again. Good to have at least some cash ready for that. It's personal, how much, though. Some less, some more.

On the other hand, if one doesn't actually own BRK anywhere near what one actually want to own, just start buying, and time combined with Berkshire will do one good.

[clutch]

Just wanted to revisit this post now that Berkshire bought Amazon... is it BRK breaking its principles or is it BRK evolving its mindset? And what about you?