In a February 27 interview with CNBC, Warren Buffet expressed his view that the stock market is "on the cheap side". His opinion seems to imply that buying into the market is inexpensive. However, both the "Buffett Index" and the Wilshire 5000 variant suggest that today's market remains at lofty valuations — similar to the housing-bubble peak in 2007, although off its interim high in Q1 of 2015. Buffet's claim is merely referring to the fact that compared to other investment opportunities, such as fixed income, you'll get more bang for your buck in the stock market.
?