Warren Buffett and the Stock Market

| "For me, the message of that chart is this: If the percentage relationship falls to the 70% or 80% area, buying stocks is likely to work very well for you. If the ratio approaches 200%--as it did in 1999 and a part of 2000--you are playing with fire. As you can see, the ratio was recently 133%." |
|
- Warren Buffett |
|
Published in |
(c) 2001 Time Inc. All Rights Reserved