Looking for the Best Stocks to Buy in a Bear Market? Here's Warren Buffett's Advice
Since buying his first stock at age 11, Warren Buffett has amassed $90 billion in wealth and become one of the best-known figures in finance. Buffett's ability to pick winning investments is nothing short of extraordinary, and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has achieved immense success under his leadership. In fact, Berkshire stock skyrocketed more than 3,600,000% between 1964 and 2021, and Buffett had racked up more than $177 billion in unrealized gains through Berkshire's portfolio as of June 30, 2022.
With credentials like that, it's no surprise that Buffett has become a legend in his own time. Upward of 40,000 people flock to Nebraska each year to attend the annual Berkshire shareholders meeting, eager to hear Buffett -- known as the "Oracle of Omaha" -- share his thoughts on investing philosophy and the broader economy.
Naturally, Buffett has offered up many pearls of wisdom over the years, but one piece of advice is particularly relevant right now.
Source Fool.com
