According to Buffett's Method, Stocks Are Attractive

Fortune has a great graph showing the relationship between the stock market and the Gross National Product. This is an important metric because, according to Warren Buffett, stocks are attractive when their market value is 70% to 80% of GNP. We’re at that point now.

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I think this chart says a lot. The other important factor to add is the enormous amount of cash that’s currently sitting on the sidelines.

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