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Warren Buffett urges calm amid market turmoil from tariff announcements
The stock market is facing significant losses following President Trump's announcement of reciprocal tariffs, with major U.S. indexes dropping over 3%. In response, Warren Buffett advises against panic, highlighting that market declines present unique investment opportunities for those without debt. He emphasizes the importance of maintaining composure and strategic thinking during turbulent times, referencing his investment philosophy of being cautious when others are overly optimistic.
buffett remains cautious amid market turmoil and economic uncertainty
Warren Buffett, known for his value investing strategy, is currently holding a substantial cash reserve of $321 billion, waiting for clearer market conditions before making significant purchases amid recent stock market turmoil triggered by tariffs. While some analysts believe he may seize buying opportunities if prices drop further, others suggest he might be cautious, recalling historical economic downturns. His next moves will be closely watched, especially during the upcoming Berkshire Hathaway annual meeting in May.
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