Do you rely on the Warren Buffett indicator(MCAP-to-GDP ratio) at any point of time?

While I understand the concept of this indicator, I do not think it provides a very clear picture of the overall valuation for the market. Not every small and medium enterprise is listed on the stock exchange, and these small companies too contribute to a country's GDP. What are your thoughts?

Submitted July 26, 2018 at 09:26PM by samm9891 https://ift.tt/2uS1Wkg