Por Doug Short of dshort.com
We suspect Warren is a little more than worried about the valuation of his portfolio (unless of course, it's different this time).
So... Both the "Buffett Index" and the Wilshire 5000 variant suggest that today's market is at lofty valuations, now above housing-bubble peak in 2007.
So, given the unprecedented beta (and very little alpha) of Berkshire Hathaway's stock price to the market...
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