Take Warren Buffett's Advice: Don't Buy Any Stock in 2023 Unless It Passes This Test
Some things just go together. Adele and singing a power ballad. Lebron James and playing basketball. Warren Buffett and investing in stocks.
But while Adele and Lebron regularly do their things, Buffett is content to avoid investing in stocks at times. Sure, the Oracle of Omaha bought 19 stocks for Berkshire Hathaway's portfolio in 2022 (that we know of so far, anyway). However, it's not out of the question that Buffett could buy few, if any, stocks in the new year.
The reason why is that the legendary investor has a very strict criterion he applies before buying even one share of a company. Take Buffett's advice: Don't buy any stock in 2023 unless it passes this one critical test.
Source Fool.com