), on Monday called the coronavirus outbreak “scary stuff” but said that it was no time to sell stocks despite the threat of a pandemic.
Buffett, however, said long-term investors should not get caught up in daily headlines, and that Berkshire would “certainly be more inclined” to buy stocks than on Friday.He said this was true though the U.S. economy, while sill strong, had become “a little softer” than it was six months ago. Berkshire, based in Omaha, Nebraska, has more than 90 operating businesses including the BNSF railroad, Geico auto insurer and Dairy Queen ice cream, and Buffett said the coronavirus outbreak has affected a significant number.
One does not make or lose money in the stock market until they sell. Why would he panic?
Yeah he’s dumping on all these holders . Classic move
That's great. He can afford to ride it into the ground. The rest of us are losing our shirts
If by long term you mean ten years plus, it won’t matter to him!
Yea because he’s like 100years old?
Well now everything is fine.
BFD. A global thermonuclear holocaust would not dampen his long-term support for stocks.
littlepachit
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