It’s A Terrible Mistake To Think of Stocks As Something That Bob Up And Down, And You Should Pay Attention To Those’
Warren Buffett once urged investors not to be perturbed by stock market corrections.
Buffett emphasized the importance of long-term investing during an interview. He advised against fretting over market corrections and suggested that if such fluctuations cause anxiety, one should not own stocks.
Buffett, a proponent of value investing, recommended investors to purchase stocks they favor at a price they find reasonable and hold onto them for an extended period, ideally 20 years. He discouraged the habit of daily stock monitoring.
For those who find it challenging to spot market deals, Buffett proposed a simpler strategy.
“If you’re worried about corrections, you shouldn’t own stocks,” Buffett said during the interview.
