Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2020-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Buying Stocks - You Don't Need to Pick the Bottom and Nobody Can Pick It for You

You've gotta be prepared when you buy a stock, have it be down 50% or more and be comfortable with it as long as you're comfortable with the holding. Some people are more subject to fear than others. It's like the virus, it strikes some people with much greater ferocity than others. And I don't know whether today is a great day to buy stocks. I know it will work out over 20 or 30 years.

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