Warren Buffett says market chaos is great for investors who keep their heads. Time to get greedy?
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1 Articles
Warren Buffett says market chaos is great for investors who keep their heads. Time to get greedy?
Speaking of the US stock market crash of 1974, Warren Buffett reminded us the country didn’t disappear. “It’s just people behave in extreme ways in markets,” he said. “And over time, that’s very good for people that keep their heads.“ Faced with soaring inflation and an oil crisis, the S&P 500 lost nearly half its value in two years back then. This time, the S&P 500 briefly dipped into official bear market territory with a fall of over 20%. We h…
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