Omaha, Nebraska – Warren Buffett on Saturday rejected the last stock exchange volatility, which in the last few weeks shook investors.
“What happened in the last 30, 45 days … it's really nothing”, Berkshire Hathaway The general director said during the annual meeting of the conglomerate.
Buffett pointed out that over the past six decades have been three times in which Berkshire Hathaway shares have fallen by 50%. He noticed that during these periods there is no fundamental problem with the company.
Considering this, he said that the last action of the American stock market should not be characterized as a “huge” movement.
“It wasn't a dramatic bear or anything,” said Buffett.
S&P 500, YTD
These comments from “Oracle Omaha”, how investors are wondering what to do with the markets after wild trade, which saw among the fears of the controversial tariff policy of President Donald Trump.
. S&P 500 On Friday he recorded it The longest winning series Since 2004, when Wall Street has been losing losses at the back that can be seen during the initial sales after Trump's initial policy. Means a stunning reflection for American supplies after the comparative index at some point introduced bears Based on the end -hearing last month, the deadline used to describe a fall by over 20% compared to its last level, before regaining the land.
Buffett said that other periods were “dramatically different” than the current one, which is in the face of investors. He reminded investors that the market climbed the 94-year-old for life, warning that they must be ready for embarrassing actions.
He shared it Industrial average Dow Jones He sat at the age of 240 August 30, 1930 and fell even 41. Despite the events of the “Hair oven”, through which he survived, the average blue chip ended on Friday above 41,300.
“If it makes a difference for you, whether your actions have fallen by 15%or not, you must get a slightly different investment philosophy,” said Buffett. “The world will not adapt to you. You will have to adapt to the world.”
“People have emotions,” he added. “But you have to check them at the door.”