In 2020, the stock market crash because of the health problem in the world. So, here is how Warren Buffett's strategy to face this financial crisis.
I think Warren Buffett’s advice that investors should be “fearful when others are greedy and greedy when others are fearful” comes the closest to encapsulating how the Oracle of Omaha thinks about investing in one line. Buffett seeks to buy shares in businesses for less than they are worth. But it would be a mistake to assume that he tries to time the market.
Buffett no doubt seeks to capitalise on market crashes by buying good shares cheaply. But, since he has said that his favourite holding period is “forever“, he is not looking to cash in just because the market has boomed either.
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