This year’s bag crisis is “really nothing”

The S&P 500 has fallen by about 3% this year. In its lows, the index dropped more than 19% compared to its highest record.

For Warren Buffett, this year’s volatility has been nothing to write at home.

“What has happened in the last 30, 45 days, 100 days, as long as you want to choose, whatever this period has been, really is nothing,” Buffett said to the annual Berkshire Hathaway meeting Saturday. “This has not been a dramatic bear market or nothing ().”

Buffett said that there have been three periods of history that have seen Berkshire actions fall by 50%. Year to date, Berkshire shares have increased by 19%. On Friday, actions were closed on a record.

After an increase in highs after the Trump election, stocks have traced a rocky path in recent months as the reach of President’s fare ambitions was launched.

These plans have evolved over time and This week’s market rally Suggests that the worst cases contemplated after Trump’s “Liberation Day” announcement are out of the table. At closing on Friday, the S&P 500 had recovered all its losses after the President’s April 2 announcement.

Buffett added two pieces of wisdom of investment after noticing the relative mundane of this year’s fall.

First, amazing things happen to the world and, in turn, on the stock market. According to Buffett, if you are someone who excites when things look good and are afraid when things look bad, the market of values ​​is a “terrible place to involve”.

And if the world that changes is something that makes you change those that are your goals as an investor, added Buffett, then it is time to achieve a new inclination.

“If you make a difference if your shares have dropped by 15% or not, you have to get a slightly different investment philosophy,” said Oracle de Omaha. “The world will not adapt to you. You will have to adapt -you are to the world.”

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