Keep Your Cool And Think Like Warren Buffett In The Covid-19 Crisis
Apr 7, 2020
The coronavirus pandemic is already being predicted to be responsible for 20 million US job losses and, with trillions wiped off global stocks resulting in more than 35 percent market declines, it is getting hard to stay positive. But remember: everything comes in cycles, and when things get tough and the beacons of hope seem few and far between, there are always a few great leaders out there we can trust, and they don’t get much better than Warren Buffett.
Mr. Buffett, who is 90 in August, has seen more than the majority of investors, and that’s why The Edge (who source under-performing companies for activist involvement, Special Situations and Spinoffs) believes investors should take a leaf out of Warren’s playbook: keep calm and find value from the wreckage.