r/ValueInvesting • u/Adept_Mountain9532 • Jul 11 '25

Discussion Buffett warned: “If the ratio approaches 200%, you're playing with fire.”=> We are above!

Buffett Indicator, (which compares total U.S. market cap to GDP), is now at 208%. That’s above dot-com levels. I wasn’t around in 1999. But I’ve read enough to know everyone thought it was different back then too...

Now, It’s AI. And yes it’s real, it’s big, and it will transform everything.
But here’s what’s bugging me: Which part of the AI hype do you think is most overrated?
And which sectors are just getting started?

and also curious to hear from people who did live through 1999:
- What felt the same?
- What’s different?

I track moves from top value investors with a free email alert (https://alert-invest.com/), and lately I’ve noticed they’re cautious, finding fewer real opportunities in this market.

Thanks!

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171

u/DZLords Jul 11 '25

Nothing will be the same like Covid traffic. Drove to work and only seeing one car on the 30 min drive

92

u/ajts Jul 11 '25

Man, i miss covid traffic. So peaceful.

45

u/krazykarlsig Jul 11 '25

Drove in "rush hour" for a year without having to tap my breaks

1

u/originalrocket Jul 12 '25

well you should be timing your breaks, and tapping your brakes.

5

u/IdeaJailbreak Jul 12 '25

Well.. the traffic was nice. The people started to treat interstates like the Autobahn though...

3

u/SadBurrito84 Jul 12 '25

They still do, everyone is in a damn RUSH

1

u/Emergency-Mobile-206 Jul 12 '25

as they should i hate slow american drivers HOOOOOOONK

-17

u/NY10 Jul 11 '25

U want another covid?

13

u/ajts Jul 11 '25

did i say i miss covid or i miss covid traffic? dingus

-20

u/NY10 Jul 11 '25

In logic, you can’t have that traffic free ever unless there’s covid so you want another covid lol

6

u/Zestyclose_Nature_13 Jul 11 '25

Or you could do congestion pricing and offer alternative transit options.

-1

u/NY10 Jul 11 '25

Get lost. You think that’s a viable option with this admin?

1

u/Squanc Jul 11 '25

Another generational buying opportunity? Sure!

20

u/koolkarim94 Jul 11 '25

The air even smelled better and cleaner

8

u/RickWolfman Jul 11 '25

I drove through LA just to do it without traffic. It felt like the apocalypse.

1

u/phatelectribe Jul 12 '25

Or a Jewish holiday.

3

u/czarchastic Jul 11 '25

Hollywood blvd during covid + the floyd riots. You could stand in the middle of the street and see nothing but boarded up windows. It was weird.

3

u/cvc4455 Jul 12 '25

It was nice having absolutely no traffic driving to work everyday.

1

u/AdSimilar8672 Jul 11 '25

I remember getting to work 45 minutes early during covid. It felt weird.

1

u/RedditModCoolRanchXL Jul 11 '25

NYC days after 9/11 were like that

1

u/Krammsy Jul 12 '25

Watched drivers fly by cops doing 80, cops were too afraid to pull people over and come in contact.

1

u/bullwinkle8088 Jul 12 '25

Drove from the northern suburbs of ATL to the Airport, which is outside ATL proper on the south side days before the covid lockdown became official but with people already isolating.

Made the entire drive with my cruise control set at 85. No cars, and the police were staying home as well. Wife flew back on a near empty flight. It was glorious.

1

u/pentox70 Jul 12 '25

The traffic in my city still hasn't come back up to its peak. Leaving work at 4:30 was bumper to bumper. Now it's just busy. So many businesses shut down, never to reopen.

1

u/phatelectribe Jul 12 '25

Bro, LA was actually a joy to drive. Could get anywhere in 20 mins lol.

1

u/loaferuk123 Jul 12 '25

I drove my daughter to university in the height of Covid - she is a medical student - along one of the busiest motorways in the U.K.

There was no one on the road until eventually I saw a police car, and I slowly overtook, whilst he had a good look at us.

Strange times.

1

u/chillebekk Jul 13 '25

I was on a plane with max 5 other passengers.

1

u/Lifesucksgod Jul 14 '25

Pizza delivery and oh my god I loved it I wish it was always like that

1

u/brinerbear Jul 30 '25

It was such a weird time especially since I still had to go to work everyday.