Warren Buffett's Bear Market Strategy: Buy the Future of American Companies at a Discount
BRK-B Berkshire Hathaway Inc
$532.02 +1.21%
View chart & analysis → - 1Warren Buffett has recorded an average annual compound growth rate of nearly 20% for Berkshire Hathaway over the past 60 years.
- 2During the same period, the S&P 500 had an average annual compound growth rate of approximately 10%.
- 3Warren Buffett said that bad news is an investor's best friend and allows for the purchase of pieces of America's future at a discount.
So what's the key point?
Warren Buffett has achieved much higher returns than the market over the last 60 years. He says that when bad news arrives, it is an opportunity to buy American companies at a low price.
Source The Motley Fool +1 · View original ↗
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