Buffet said the bear market is a terrific opportunity for investors to make high-quality investments at a lower cost.
Don't predict the market because no one can. The stock market will be positive in long run no matter how the short-term situations are.
Choose a potential company that you understand rather than stocks that did well during the Bull Run. Because only strong core businesses can survive the recession.
Buffett said that “In my view, for most people, the best thing is to do is owning the S&P 500 index fund.
“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” So avoid the noise and think big.
“Just buy something for less than it’s worth.” Because it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
High risk is not indicated by lower and falling prices during a recession. Because lower prices result in better earnings yield and offer you a higher claim to profits.
Read more, focus on fundamentals, and avoid noise (News)
Think big, have a long-term vision and be consistent because big money is not made in buying and selling but in waiting.