Danielle was a guest today on Talk Digital Network with Jim Goddard talking about recent trends in the world economy and markets. You can listen to an audio clip of the segment here.
To clarify the comments on Buffett, investors in his Berkshire shares made zero nominal returns (negative real returns after inflation) for 6 years from 2007 all the way to 2013. Over the past 12 months as QE mania lifted all risky assets, Berkshire shares went along for the ride mirroring the gains in the S&P 500. This also means that when the S&P enters the next bear market decline, the tightly correlated Berkshire will go along for that ride as well. For the chart and more see: Buy and hold Buffett necessarily perpetually bullish.