Warren Buffett downplayed the recent market volatility, saying it’s “really nothing” compared to previous downturns. The S&P 500 is down about 3% this year, a far cry from its record high in 2019. Despite this, Berkshire Hathaway’s stock has reached an all-time high and recovered all losses since Trump’s tariff announcement in April.
Buffett noted that history suggests a similar decline would be followed by a rally. He emphasized the importance of adapting to changing market conditions rather than getting caught up in short-term fluctuations. “If it makes a difference to you whether your stocks are down 15% or not, you need to get a somewhat different investment philosophy,” he said.
Buffett’s words offer valuable insights for investors seeking stability and long-term growth. His advice to adopt a flexible approach to investing is particularly relevant in today’s market, where surprises can occur at any time.
Source: https://finance.yahoo.com/news/buffett-this-years-stock-market-turmoil-is-really-nothing-153111329.html