The Warren Buffett Indicator Is in Uncharted Territory -- the Time to Be Fearful When Others Are Greedy Has Arrived

This has been a banner year for Wall Street and investors. The benchmark S&P 500 (SNPINDEX: ^GSPC), iconic Dow Jones Industrial Average (DJINDICES: ^DJI), and growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) have all rallied to numerous record-closing highs.But things looked far different six months ago. Shortly after President Donald Trump unveiled his tariff and trade policy, a mini-crash ensued, leading the S&P 500 to its fifth-steepest two-day percentage decline since 1950.Since this mini-crash troughed on April 8, the Dow Jones, S&P 500, and Nasdaq Composite have rallied by 24%, 35%, and 50%, respectively, through the closing bell on Oct. 2. This short-term fear event created an opportunity for investors to be greedy and pounce on amazing companies trading at a discount. It's just the type of long-term, opportunistic thinking that's made Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire (soon-to-be-retiring) CEO Warren Buffett so successful over six decades.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool