As far as I can tell, this entire article was based on two sentences in Buffett's letter to shareholders six years ago. Buffett is obviously a financial genius, but it isn't very easy to see exactly what he meant from these two sentences. Basing two entire pages of doom and gloom on that with nothing but arbitrary statistics to back up the point doesn't seem very trustworthy to me. If the author is serious that there is a massive bubble flying under the radar, he's not making a particurlary solid argument.
Headlining this story 'Warren Buffet: *' is very misleading. Please don't.
Actually Buffett has pretty much been shouting this from the rooftops. In 2003 he even spoke at length about this at my school. So the "Warren Buffet.." part is not misleading. However I don't think the 16 trillion number came from Buffett, so I think linking the two is misleading
Headlining this story 'Warren Buffet: *' is very misleading. Please don't.