Where from here - your suggestions please

[Joshuatree]

Weird isn't it how quickly things change ,my APX is zooming back up not far off its high ,PE 76.50 and my RMD at a new high with PE 53.56!

[kiora]

"index fund inflows are now distorting prices for stocks and bonds in much the same way that CDO purchases did for subprime mortgages more than a decade ago. The flows will reverse at some point, he said, and “it will be ugly” when they do."
https://finance.yahoo.com/news/big-s...104146627.html

[SBQ]

"index fund inflows are now distorting prices for stocks and bonds in much the same way that CDO purchases did for subprime mortgages more than a decade ago. The flows will reverse at some point, he said, and “it will be ugly” when they do."
https://finance.yahoo.com/news/big-s...104146627.html

Well Michael Burry got lucky calling the subprime crash. I recall after he went investing into water / drinking water assets ; so how did that turn out? Eitherway, it's drastically different to call ETFs or Index Funds to be comparable to complex derivatives and level of risk associated in the GFC. Furthermore, we need to question why Warren Buffet insists on just buying the index fund is the best strategy for the typical investor than to just try and time and pick stocks. For good reason because even the expert managed funds that pick individual stocks door a poor job beating the index.

[Vagabond47]

Well Michael Burry got lucky calling the subprime crash. I recall after he went investing into water / drinking water assets ; so how did that turn out? Eitherway, it's drastically different to call ETFs or Index Funds to be comparable to complex derivatives and level of risk associated in the GFC. Furthermore, we need to question why Warren Buffet insists on just buying the index fund is the best strategy for the typical investor than to just try and time and pick stocks. For good reason because even the expert managed funds that pick individual stocks door a poor job beating the index.

He also went long Gamestop, so far not looking like a good bet. https://markets.businessinsider.com/...9-9-1028516635

[kiora]

"index fund inflows are now distorting prices for stocks and bonds in much the same way that CDO purchases did for subprime mortgages more than a decade ago. The flows will reverse at some point, he said, and “it will be ugly” when they do."
https://finance.yahoo.com/news/big-s...104146627.html

Yep as ugly as it can get?
https://www.marketwatch.com/story/wh...eo_top_stories

[kiora]

Yep
Couldn't get much uglier when investors looking for liquidity
“It was a flight to cash,” says Kenneth Nutall, a financial planner at BlackDiamond Wealth in Wilmington, Del. “People were selling whatever they could sell and were selling whatever was liquid.”
https://www.marketwatch.com/story/mo...of2&yptr=yahoo

[SBQ]

Yep
Couldn't get much uglier when investors looking for liquidity
“It was a flight to cash,” says Kenneth Nutall, a financial planner at BlackDiamond Wealth in Wilmington, Del. “People were selling whatever they could sell and were selling whatever was liquid.”
https://www.marketwatch.com/story/mo...of2&yptr=yahoo

"In a regular correction or bear market, retail investors typically cash in stocks but hold close to their bonds, which are seen as a safe haven and usually go up in value."

Thanks to gov't bail outs and a fully comprehensive funding plan by all gov'ts around the world and by the World Bank and IMF, we're not seeing much of a crash like before. So far the recovery has been strong and confidence is back. The underlying message in that article is, people are so sick of low % returns from the bond market that they're better off moving it to equities. We're talking even wealthy seniors that traditionally should hold their assets in fixed term deposits that are flee out of bonds because... 1 or 2% a year just doesn't cut it anymore.

Never let the opportunities of a crisis go unused!!! I do feel the worse is past regardless of the bad news coming out.

[kiora]

The shareholding notices seem to indicate its the insto's buying

[kiora]

Could be interesting.8 am Sunday,this morning
"Yahoo Finance is the exclusive online host of the 2020 Berkshire Hathaway Annual Shareholders Meeting which takes place on Saturday, May 2nd. Live coverage begins here at 4:00pmET. Investors and non-investors alike can witness history, live, as Berkshire Hathaway Chairman and CEO Warren Buffett shares his unscripted views on the company, the markets, the economy, corporate governance, and a lot more. Please join us here for this unique event on Saturday May 2nd at 4:00pmET."
https://finance.yahoo.com/brklivestream/