"Though the preachers of pessimism prattle endlessly about America's problems, I've never seen one who wishes to emigrate (though I can think of a few for whom I would happily buy a one-way ticket)," said Oracle of Omaha Warren Buffett.
"By historic, fundamental measures, stocks are extremely high. PE multiples are at 100-year highs. But if you look at stock prices relative to interest rates, they are exactly where they should be," said hedge fund legend, Stanley Druckenmiller.
I am basically writing this email to thank you so much for coming to Australia. Thank you again for sparing the time, for being present to hear our questions, for sharing your valued insights and knowledge, and in addition to all that, thank you for your friendship. As I said on the occasion, I was