I took a look at the US stock market over the past couple of days.
Although there have been slight daily increases 📈, the prices are actually the same as last week.
During the live broadcast, someone asked about Buffett's large-scale reduction in US stocks, which once again proves to the world the prowess of the master of market timing. Does this mean that the US stock market will be down for the count⁉️ Considering that Buffett's investment horizon is typically several years, does this mean the US stock market won't recover for years to come?
Actually, that's not the case. First, Buffett's goal is quite simple; he is satisfied with a 20% return in a year. I looked at this wave of massive declines in the US stock market, which has dropped 30% in just one month, reaching levels similar to the declines during the pandemic in 2020. So based on the current decline, you could interpret that the US stock market has already reached a level based on value and price, entering a rebound cycle.