3 Reasons Buffett Is So Successful in Bear Markets
The last eight weeks have most certainly tested the resolve of investors.
The spread of the coronavirus disease 2019 (COVID-19), which has been confirmed in almost 1.6 million people and led to more than 95,000 worldwide deaths, along with the mitigation measures implemented to slow its transmission, are likely to thrust the U.S., and perhaps even global economy, into a recession.
As a result of these COVID-19 uncertainties, U.S. equities were pushed into the fastest bear market in history. It took a mere 17 trading sessions for all three major indexes to move from their recent highs to at least a decline of 20%, which is the threshold for an official bear market.
Source Fool.com
