Is time to calculate our dividend income for 1st Qtr 2018 as financial result for most of the company should had been announced by this time. Market has gone through like a “roller coaster “ ride in 1st Qtr 2008 where it was down by almost 10% at one point and rebounded subsequently. As I mentioned in my early blog post (here ) , even with correction of 10-20% from current high in US market , I would consider it still as “ expensive or rich in valuation “ and normal correction in any market cycles.
Buffett is sitting on $116 billion of cash and bonds because he's struggled to find acquisitions at sensible prices. And Buffett is unwilling to load up on debt to finance deals at current prices.
In his annual letter to Berkshire shareholders on last Saturday, Buffett lamented his inability to find big companies to buy ......