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Buffett: Market Dip Offers Long-Term Buying Opportunities

1/31/2026

Summary

Story summary

On February 24, 2020, Warren Buffett, chairman and CEO of Berkshire Hathaway, told CNBC's Squawk Box that the 3% drop creates buying opportunities for long-term investors.
He emphasized that owning businesses, not trading stocks, should guide investment decisions.
He reassured viewers that daily fluctuations do not alter the long-term outlook for American businesses.
Berkshire Hathaway will not sell stocks and may buy in downturn to acquire assets at lower prices.

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Story summary

On February 24, 2020, Warren Buffett, chairman and CEO of Berkshire Hathaway, told CNBC's Squawk Box that the 3% drop creates buying opportunities for long-term investors.
He emphasized that owning businesses, not trading stocks, should guide investment decisions.
He reassured viewers that daily fluctuations do not alter the long-term outlook for American businesses.
Berkshire Hathaway will not sell stocks and may buy in downturn to acquire assets at lower prices.