Buffett on Coronavirus
“Has the 10-year or 20-year outlook for American business changed in the last 24 to 48 hours?” –Warren Buffett
This is what Buffett had to say on CNBC yesterday about the Coronavirus spooking the global markets. Buffett is arguably considered the greatest value investor ever and certainly someone worth listening too. Warren Buffett says ‘don’t buy or sell’ on the headlines as coronavirus puts stocks under pressure.
Remember, our portfolios are built to weather the storm. We don’t buy and sell based on today’s headlines.