Patience Over Panic: Buffett’s Key Message Right Now
Warren Buffett gave a one-hour interview to CNBC today. Honestly, it’s incredible: He’s 95 years old, sharp as ever, and even rocking that smart-casual look. Don’t you think he’s still got it?
Here are a few things I found especially interesting. The full interview is still behind a paywall, but there are already some clips out there (like the one I linked below).
On Apple:
He admitted he sold too early, but still considers Apple Inc. one of the best companies out there. He even said he’d buy more $AAPL again, if the price is right.
On market conditions:
“This is nothing.” Buffett has lived through multiple major crashes, and compared to those, he sees the current correction as pretty unremarkable.
On Berkshire’s cash:
Berkshire Hathaway is sitting on about $380B in cash and is ready to deploy large chunks of it but only when truly attractive opportunities appear. For now, they’re waiting.
On working:
Buffett still goes into the office every day, regularly talking with CEO Greg Abel and other senior leaders about investments and the market.
On inflation:
He argued that the Fed should target 0% inflation rather than the typical 2–3%.
I find it pretty amazing that he’s still this active. It really shows how much he loves what he does and the consistency over decades is just unreal. Hopefully, he gets one more chance to showcase his genius. That said, I think Abel will do just fine too, as I’ve mentioned before even when Buffett is no longer around.
My top takeaway?
It’s his patience. Even with hundreds of billions in cash, he’s comfortable doing nothing until the right opportunity appears. That discipline is probably the hardest (and most valuable) lesson for most investors.
What do you think? Is there something that surprised you?
