Buffett Not Deterred By Ukraine Troubles

The ongoing trouble in Ukraine has been a daily worry in the stock market news. But Warren Buffett says it’s not impacting his approach. Asked if talk of potential world war or a new Cold War impacts his investing, Buffett said in a CNBC interview that even if those things did happen, he’d still be buying stocks. “You’re going to invest your money in something over time,” he said. “The one thing you can be quite sure of is if we went into some kind of very major war, the value of money would go down. That’s happened in virtually every war I’m aware of. The last thing you’d want to do is hold money during a war. You might want to own a farm, you might want to own an apartment house, you might want to own securities. During World War II the stock market advanced.”

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