Throughout the week, I run across articles that may be of interest to you. In this week’s Articles of Interest series, I am sharing an article from Financial Advisor Magazine written by Jonathan Stempel; it is titled Buffett Sees 1 Million Dow in 2117, Calls Pessimists on U.S. “Out of Their Minds”. Essentially, the premise of this article calls out investors who question “is the dow too high” or “is the market too expensive“.
One very interesting comment that Buffet made in this article is that of all the people on the Forbes “Richest Americans” list, you don’t see any short sellers. In layman’s terms, he is saying that the people on this list don’t bet that U.S. stocks will fall. There are many people in the world of investing who make these ridiculous predictions, but then again they are not on the Forbes list!
I hope that you have found this week’s Articles of Interest informative and helpful.
Please feel free to share any comments, questions, or experiences you have below.
If you’re new to our blog and wish to receive weekly financial planning tips, please sign up for our eContent.