7 timely Warren Buffett quotes to help you in 2022's manic market

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Let the Oracle of Omaha be your guide in today\u0027s tough market

Buffett has dropped countless gems of wisdom over the years, but the following seven quotes offer investors particularly timely advice on how to invest in stocks today — maybe even with“Inflation acts as a gigantic corporate tapeworm. That tapeworm preemptively consumes its requisite daily diet of investment dollars regardless of the health of the host organism.

According to Bank of America, equity funds took in more than US$1 trillion in cash in 2021, exceeding the combined total from the past two decades. That might mean, for example, turning to three solid blue-chip stocks that have performed poorly over the past several months: The Walt Disney Co., Verizon and Intel.Article content“[T]he biggest thing you learn is that the pandemic was bound to occur, and this isn’t the worst one that’s imaginable at all. Society has a terrible time preparing for things that are remote but are possible and will occur sooner or later.

As an investor, the simplest way to prepare for anything is through proper diversification. Spread your bets out as widely as possible.Article content But as Buffett explains in the above quote, those periods of decline offer tremendous opportunities to buy high-quality stocks at cheap prices. Investors who purchased stocks during the height of the COVID pandemic have profited handsomely. And, unfortunately, those who sold out to move their money to the sidelines are likely regretting their decision.Article content5.

If you’re set on buying into Bitcoin, be sure to invest only what you can afford to lose. After all, the price of Bitcoin is down roughly 50 per cent from its all-time highs.— so temper your expectations for returns.“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

 

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7 timely Warren Buffett quotes to help you in 2022's manic marketLet the Oracle of Omaha be your guide in today\u0027s tough market
Source: nationalpost - 🏆 10. / 80 Read more »

7 timely Warren Buffett quotes to help you in 2022's manic marketLet the Oracle of Omaha be your guide in today\u0027s tough market
Source: nationalpost - 🏆 10. / 80 Read more »