Warren Buffett Dismisses Market Volatility as Overblown
Warren Buffett brushed off recent market turbulence during Berkshire Hathaway’s annual meeting, calling Wall Street’s reaction exaggerated. "What has happened in the last 30, 45 days…is really nothing," the billionaire investor stated, emphasizing that Berkshire’s stock had endured far steeper declines historically without underlying business failures.
The Oracle of Omaha drew parallels to three separate 50% drawdowns in Berkshire’s history, none of which reflected operational breakdowns. "This has not been a dramatic bear market or anything of the sort," Buffett asserted, maintaining his trademark composure. His remarks came as traders grappled with heightened volatility across traditional and digital asset markets.