US stock prices have fallen sharply this week as investors worry about an economic slowdown due to tariffs and a slow labor market. President Donald Trump hinted at potential near-term struggles, but also downplayed the risk of a recession.
Billionaire investor Warren Buffett, who has overseen Berkshire Hathaway’s success during turbulent markets, suggests reading Rudyard Kipling’s classic poem “If” when stocks are falling. The poem advises keeping one’s head in difficult times and waiting for the market to recover.
Buffett views downturns as opportunities to buy stocks at a discount. Historically, bear markets have lasted less than 10 months, and investors can effectively increase their wealth by continuing to invest during market declines.
Key points:
* US stock prices are down over 9% from their record high.
* Buffett suggests reading Kipling’s “If” poem when stocks fall.
* He views downturns as opportunities to buy stocks at a discount.
* Historically, bear markets have lasted less than 10 months.
* Investors can increase their wealth by continuing to invest during market declines.
Source: https://www.cnbc.com/2025/03/11/warren-buffett-suggests-reading-this-poem-when-stocks-are-falling.html