Warren Buffett Says If You Worry About a Stock Correction You Shouldn't be in the Market

Berkshire Hathaway (BRK.A) CEO Warren Buffett says even though IBM has underperformed the market, he has no regrets buying IBM instead of Apple shares. When asked if the stock market was overvalued and if investors should worry about a correction, Buffet responded that if you worry about a correction, you shouldn't be in the market. He says investors should buy something they like, at a price they like, and then hold it for 20 years. Buffett, who is always on the hunt for acquisitions, also says he'd like to buy something "sooner rather than later." During his annual meeting, he mentioned that he'd be interested in buying more local car dealerships and possibly making an acquisition in Germany in the next five years. This year Berkshire Hathaway will increase its investment in renewable energy, but Buffett says that renewables are not a great investment for the individual investors. Buffett will also invest more in his railroad BNSF, as new federal rules were released on rail safety. He also defended his acquisition partner 3G Capital, after shareholders criticized 3G's practices of laying off workers. On the economy, Buffett says he thinks it will be difficult for the Federal Reserve to push up interest rates here in the U.S. this year, given the negative interest rates in Europe. Buffett still carries a flip phone, and when asked if he'd like a smartphone for his birthday he answered "I haven't thought about it." Buffett spoke with TheStreet's Rhonda Schaffler in Omaha, Nebraska.

[DonnDenisse]

Fantastic video..Bitcoin is gearing up for a monumental leap to new all- time highs.🚨

[stemikger]

Warren is such a class act!!  He really is a national treasurer.  I hope he sticks around many more years. The world needs his wisdom!!

[GeorgGerdon]

This is the single most likeable investor. Maybe the only professional one.

[patelvidhu]

Correction is part of stock market. But if you buy stock at too high price your chance of negative return will be much more.

[Chrissssssssssssssssssss]

*2:47** "We have this big wind projects" (Burps)*

[henryzhang]

Warren speaks of 20 years like nothing, you gotta admire that.

[yourinluck]

such a humble man. doesn't come across as one of the richest men in the world. I cant stand people that boast about their success. Nobody can.

[unguardedgoldmine]

Buy and Hold is the best way to invest without the "ambling" aspect. Warren explains it so well. Just buy something you believe in, at a price you like, and hold onto it. Such a wise man!

[AktienMitKopf]

That's it! Wenn du keine Markt-Korrekturen aushältst, dann verkaufe deine Aktien ;-)

[terajija]

in my life it's my great desire to meet Mr buffett he's great personalty

[iamnothere]

What to do in a market corection???? HELP

[henryzhang]

I love it every time when Warren roasts stupid investors.

[douglashagan]

See when they talk to him over about a half hour. What assessment should we make in the interview about him one thing is calm cool collect he seems to just stay in the middle he's cool headed a lot of investors out there are not cool-headed they seem to overreact or under react the situations in market conditions this guy seems to know when how to react to certain events when they take place like stock market crashes recession bull markets and how he makes these looks at these situations and changes in the market is how his mindset towards how is future outlook is of Berkshire Hathaway a and what future projects is a profit he's thinking in terms in the long term so this horizon line of his thinking keeps them in the winter circle while others are actively involved trying to change positions rapidly to try to make more money than he is all they're doing is is wasting a lot of energy he doesn't waste a lot of energy he can serves his energy but he uses his eyes his vision to see what's going on around him and he doesn't move unnecessarily not physically or mentally in other words he just sees what changes you're making in the market and then he anticipates that but doesn't mean that he's going to move his body physically or that he has to move it all actually his vision can project and see anticipated movements in not only Mark conditions but another investors he sees the ball and he he knows sometimes he doesn't have to move at all sometimes it's not necessary if he's in the middle of the court in the ball's coming to you up the middle why would you make any adjustments unnecessary movements are you are using energy that is expendable in a match so you want to conserve your energy supplies you don't want to be making movements and necessary movements in the court will not necessary this is similar to his mindset no sense in overthinking in certain stressful you put more stress on him he has kids to stay even more cold calm his mindset he stays neutral as you apply more pressure on the guy rather than overreact and spend more energy he knows that he needs to conserve his energy like a Jedi Knight so he's like Obi-Wan Kenobi he realizes the effect of energy and he wants to stay none stressful because he realized that negative reports in the market will only drain him of his energy which he's trying to conserve so he can utilize that energy to more productive means

[mohammedqadir]

He is a humble man! He sounds funny lol

[JuanPerez-qeqn]

Not a big secret buy a good stock and held it to eternity

[douglashagan]

His answer to this is if you're paying attention to the media and all that you shouldn't be in the stock market you see what what is this thinking what's he mean by this this is the mindset of one of the greatest investors of all time until you truly understand what he's thinking you never really understand why he turns above 20% or on average investing over compound interest over 25 years why does he continue to buy Coca-Cola

[chinmayjangid]

yep ! stock correction with value stock, not with penny lol

[Kali-dwcq]

The real shit just starts is not a correction folks

[pranjayarora]

IF YOU WORRY ABOUT CORRECTION YOU SHOULDN'T NOT BE IN MKT BUT THIS DOESN'T MEAN YOU BUY PCJEWELLER

[yirannie]

You know I choose renewable energy as my minor, because Mr. Buffett said he would invest money on that 😄😄😂😂It probably means I can have better future