US stocks seem to like the bickering from democratic presidential contenders and the lingering threat of the Coronavirus, as three out of four US equity benchmarks hit new all-time highs. Small caps and value stocks continue to lag. As I am writing this (Monday), the spread of the Coronavirus seems to be subsiding with Chinese markets bouncing. Meanwhile, Berkshire Hathaway is sitting on its biggest pile of cash ever ($128 billion) while Charlie Munger warns
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